FinTech in India: An analysis on impact of telecommunication on financial inclusion

Abstract There is an evident impact of telecommunication on financial inclusion in the case of several constructs irrespective of regional differences in India. Poor households suffer from inadequate access to financial services. Telecom plays an essential role in expanding financial services to rural areas and in helping people to improve their lives. Inclusive and holistic policies need to be promoted, which will simultaneously enhance telecommunication infrastructure and financial inclusion in India.