Digital Services Financial include a wide range of financial services offered and delivered through digital channels, including payments, credit, savings, remittances and insurance. Digital channels are available for mobile phones, ATMs etc.
Increasing financial access for users of digital financial services, digital financial providers, governments and the economy, such as increasing access to finance for the poor, reducing financial cost for fintech providers and increasing the total aggregate.
The Indian financial services industry consists of several main divisions. These include, but are not limited to, mutual funds, pension funds, insurance companies, stockbrokers, asset managers, financial companies, consulting firms, and commercial banks. From local players to big MNCs.