Central bank · IN · 59 documents
Cryptocurrency reached an estimated market capitalization of 3.9 trillion USD in 2025, driving high adoption in lower-middle income countries.
Amazon executed a $200M acquisition of BNPL lender Axio in early 2025 to expand into Indian digital lending.
In June 2020, UPI recorded more than 1.34 billion transactions amounting to almost US$35 billion.
The study gathers primary data using a structured questionnaire administered to a sample size of 100 respondents from MSMEs.
Average monthly mobile banking transactions of the ten studied banks grew from 106 million in FY2017-18 to 10,985 million in FY2024-25.
During FY 2024–25, IPPB operated more than 1.64 lakh banking access points and 649 banking outlets across the country.
Machine-learning algorithms and behavioural analytics enable financial institutions to detect digital banking fraud at scale beyond conventional rule-based systems.
Aggregate deposits of RRBs increased from Rs. 4,34,444 crore in 2019 to Rs. 4,78,547 crore in 2020.
India's UPI digital public infrastructure processes 14 billion transactions monthly.
Sanz Martin et al. (2026) synthesised 256 articles to highlight transparency, ethics, security, and skills in AI accounting research.
The source material reports a dataset of 540 observations across Jalgaon district.
A Scopus bibliometric search conducted on 8 October 2026 retrieved 1,418 records, from which 1,045 were retained for critical analysis.
The 2023 IBM Cost of a Data Breach Report identified average breach costs in the financial sector exceeding USD 5.9 million per incident.
India's MSMEs generate 31.1% of GDP and 48.58% of exports, yet face an addressable credit gap of roughly ₹30 lakh crore.
The research paper synthesizes data from secondary sources including the Reserve Bank of India, NPCI, SEBI, and twenty research papers published between 2020 and 2026.
The proposed machine learning fraud detection pipeline achieves an ROC-AUC of 0.984 and a PR-AUC of 0.886 across 284,807 European cardholder logs.
Three banks—Bank of Maharashtra, Punjab and Sind Bank, and State Bank of India—achieved full efficiency across all 10 years under CRSTE, VRSTE, and SE metrics.
In a pilot study, AI-based fraud detection accuracy rose from 71.4% to 95.8%.
The paper proposes an integrated five-layer cybersecurity framework combining layered authentication, encryption, real-time transaction monitoring, and machine-learning-based anomaly detection to mitigate cyber threats in digital payment systems.
The paper introduces a permissioned blockchain layer to enhance data security for digital payment systems in India across volume 3, issue 10(III) published on 31 Oct. 2026.
Income from Virtual Digital Assets is subject to a 30% tax rate under Section 115BBH of the Income Tax framework.
This thematic review synthesises 71 scholarly works published between 2015 and 2025 examining retail investor behaviour in green investments.
Higher CBDC Readiness Index scores positively correlate with financial inclusion (β = 0.0042, p < .001).
The empirical study analyzes a panel dataset of 32 listed commercial banks in India across a ten-year period from 2016 to 2025.
A stocktake conducted by the FSB gathered 126 modernisation efforts from 24 jurisdictions and 3 SSBs across various financial sectors and entity types.
The Reserve Bank of India created Payments Banks in 2014 as a specialized banking model to deliver basic financial services to underserved populations.
The study analyzes a dataset of 47 publicly reported FinTech cyber incidents occurring between 2008 and 2025.
Digital finance has transformed financial services while expanding the cyber-attack surface across banking, FinTech platforms, and decentralized systems [p.1].
UPI transaction volume grew continuously over five years from 2,233 crore transactions in FY2020-21 to 18,585 crore transactions in FY2024-25.
Every 1% increase in gross digital transaction value (GDV) makes a positive contribution of about 0.14% to India's real GDP growth rate.
The Indian MSME sector contributes approximately 30% of India's Gross Domestic Product (GDP), 45% of manufacturing output, and over 40% of total exports.
In India, lenders' aggregate exposure across all NBFC-P2P lending platforms is capped at INR 5 million.
Quantitative data demonstrates that fintech channels reduce Axis Bank's Customer Acquisition Cost (CAC) by up to 88% compared to traditional branch operations.
Mobile payments and UPI represent the largest share of consumer fintech application usage at 45% in 2025.
Robo-advisory platform fees range from 0.15% to 0.25%, compared to 1.2% to 2.2% under traditional wealth managers.
The research methodology incorporated primary data collection through a structured questionnaire administered to a sample size of 100 respondents in India.
The study surveyed 450 active FinTech users across India to empirically validate a quadripartite integrated framework using PLS-SEM with 5,000 resampling iterations.
Digital lending platform adoption in India is projected to grow from 6 million users in 2021 to 60 million users by 2027.
The Indian fintech market is projected to reach US$1 trillion by 2030, driven by rapid digital transformation across financial services.
A total of 8 G20 members achieved the maximum 5/5 direct access rating for non-bank payment service providers in 2025.
Research by Consumers International indicates that 57% of consumer bodies cite a lack of fee transparency as a primary reason behind consumer distrust in digital finance.
The United Kingdom was the only market to achieve a 5/5 rating for price transparency following FCA guidance published in May 2025.
Eight G20 members achieved the full 5/5 direct access rating for non-bank payment service providers (NBPSPs) in 2025.
Eight G20 members achieved the highest score of 5/5 for direct access of non-bank payment service providers (NBPSPs) in 2025.
A total of 8 G20 members achieved the highest 5/5 direct access rating for non-bank payment service providers in 2025.
A total of 8 G20 members achieved the maximum 5/5 score for direct access of non-bank payment service providers (NBPSPs) to payment systems in 2025.
A total of 8 G20 members achieved the highest rating of 5/5 for direct access to payment systems for non-bank payment service providers (NBPSPs) in 2025.
Eight G20 members achieved the maximum score of 5/5 for direct access for non-bank payment service providers in 2025.
A total of eight G20 members achieved the highest 5/5 rating for direct access of non-bank payment service providers in 2025, including Brazil, China, Indonesia, Mexico, the Republic of Korea, Türkiye, the United Kingdom, and the European Union.
Eight G20 members achieved the highest rating of 5/5 for direct access of non-bank payment service providers in 2025.
In a 2023 BIS survey, almost all surveyed central banks reported considering offline CBDC payments to be vital or advantageous.
Unified Payments Interface (UPI) processes more than 18 billion transactions per month in India.
The G20 Roadmap for Enhancing Cross-Border Payments (2020 - 2027) focuses on 5 main priority focus areas divided into 19 building blocks.
In Nigeria, 98.5 percent of eNaira wallets remained unused one year after launch.
Financial inclusion is a top priority, with about 60 percent of emerging and low-income countries considering it one of their top three motivations for issuing a retail CBDC.
In Ghana, the growth of mobile money increased access to financial services for unbanked demographics, with 35 percent of adults in rural areas reporting having used the service between 2014 and 2017.
By August 2021, total crypto asset volume had grown by 230 percent year over year in Asian emerging market economies.
E-money and i-money represent new forms of digital money competing directly with traditional cash and bank deposits.
India's real GDP growth remained stable at 7.1% in FY 2017, primarily driven by growth in services and manufacturing.
