The Great Indian Digital Divide

Ridhi Malik

Abstract: Though several reports and research agencies point to the fact, that India is ripe and is on the verge of a financial service revolution, the ground realities are however complete opposite. Even with the robust steps taken by RBI, banks and telcos to reach out to the large unbanked, and under-banked population of the country, cash still remains the most favored way to deal. All the stakeholders involved in this revolution still need to figure out, how to overcome the woes of common man.

Keywords: Mobile money, financial inclusion, e-commerce, m-commerce