ISSUES AND CHALLENGES OF DIGITALIZATION OF BANKING IN RURAL AREAS

Abstract:

Now a days the moderation is taking place which is we are living in the modern era called “Digitalization”. Government of India is also announced that digital India programs with a view to achieve the digital society empowerment and to gain the knowledge about the economy digitalization are playing a very important role in the banking area and various sectors. Digitalization is an important in banking system, it plays a major role in promote the financial services and it helps to give a butter services to customers with a view that to gain the opportunities to satisfy the customer needs    in future. Banking sectors is attaining the enormous growth in the current year, by motivating for generating more capital formation, because of digitization of banking. Now a day’s India banking system is growing towards moderation. This are also has the various issues and challenges in the rural area.