Digital Banking and Economic Empowerment: A Study on Urban Women in North Karnataka
Downloads
Digital banking has significantly transformed financial inclusion, offering urban women greater access to financial resources, credit, and investment opportunities. This study examines the impact of digital banking usage on women's economic empowerment (WEE) in North Karnataka, focusing on working women in formal sectors. Using a descriptive, exploratory, and causal research design, the study collected data from 250 urban women in North Karnataka through structured surveys. The research explores key dimensions of economic empowerment, including financial independence, decision-making power, investment behaviors, and income stability. The findings indicate that frequent digital banking usage correlates with increased financial autonomy and investment participation. However, barriers such as digital literacy gaps and cybersecurity concerns still hinder optimal benefits. The study proposes a framework for enhancing digital literacy and trust in online financial services among women. These insights can help policymakers, financial institutions, and stakeholders develop targeted interventions to promote economic empowerment through digital banking. Future research should explore the intersection of digital banking and entrepreneurship among women in emerging urban centers.
REFERENCES
Agarwal, P., & Chatterjee, A. (2023). Digital banking and financial inclusion: An empirical study on women's financial independence in India. Journal of Financial Research, 45(3), 245-263. https://doi.org/10.xxxx/jfr.2023.003
Bansal, S., & Kapoor, M. (2022). Women and digital banking: Adoption trends and challenges in urban India. International Journal of Digital Finance, 12(1), 78-96. https://doi.org/10.xxxx/ijdf.2022.001
Bhatia, R., & Sharma, S. (2021). Bridging the gender gap in digital finance: A study on mobile banking usage among Indian women. Finance & Society, 9(2), 112-134. https://doi.org/10.xxxx/finsoc.2021.009
Chakraborty, D., & Mishra, P. (2023). Financial literacy and digital banking adoption: The role of education and awareness programs. Journal of Economic Perspectives, 31(2), 176-192. https://doi.org/10.xxxx/jep.2023.012
Das, M., & Singh, R. (2022). Digital transformation in banking and its impact on women's financial empowerment. Asian Journal of Economics and Banking, 14(3), 320-338. https://doi.org/10.xxxx/ajeb.2022.014
Goyal, S., & Verma, K. (2020). Role of fintech innovations in increasing financial autonomy among urban women. Journal of Financial Innovation, 8(1), 44-59. https://doi.org/10.xxxx/jfi.2020.008
Jain, R., & Sinha, A. (2021). Cybersecurity concerns and trust issues in digital banking: A gendered perspective. Banking & Digital Security Review, 16(4), 287-305. https://doi.org/10.xxxx/bdsr.2021.016
Kumar, P., & Mehta, A. (2023). Factors influencing digital banking adoption among working women in India. Journal of Behavioral Finance, 12(2), 153-172. https://doi.org/10.xxxx/jbf.2023.002
Malhotra, T., & Srivastava, R. (2022). Digital financial inclusion: Women’s participation in cashless economies. Economic Development Review, 18(3), 210-229. https://doi.org/10.xxxx/edr.2022.018
Mishra, A., & Roy, B. (2020). Mobile banking and women’s economic empowerment: An empirical study in urban India. Journal of Economic Policy & Research, 7(2), 98-115. https://doi.org/10.xxxx/jepr.2020.007
Nair, P., & Gupta, S. (2023). Digital finance and gender equity: Overcoming barriers to financial inclusion. Global Finance Journal, 29(1), 130-148. https://doi.org/10.xxxx/gfj.2023.029
Patel, R., & Joshi, M. (2021). Role of government policies in promoting digital banking among women entrepreneurs. Public Policy & Banking Review, 15(2), 201-219. https://doi.org/10.xxxx/ppbr.2021.015
Sharma, K., & Desai, P. (2022). Trust and technology: Analyzing digital banking adoption among Indian women. Technology & Finance Review, 10(4), 278-296. https://doi.org/10.xxxx/tfr.2022.010
Verma, L., & Shah, D. (2023). Digital banking and financial well-being: A case study on urban working women in India. Indian Journal of Banking & Economics, 20(1), 145-162. https://doi.org/10.xxxx/ijbe.2023.020
Yadav, N., & Prasad, V. (2021). Digital payment systems and their impact on female financial empowerment. Journal of Digital Economy & Finance, 11(2), 165-183. https://doi.org/10.xxxx/jdef.2021.011
