BANKING THE UNBANKED: ROLE OF MOBILE BANKING IN FINANCIAL INCLUSION IN RURAL AREAS

Abstract

Financial inclusion has become a cornerstone of sustainable economic development, aiming to provide access to affordable and reliable financial services to individuals and communities traditionally excluded from the formal banking sector. Among the most transformative innovations in this regard is mobile banking, which has emerged as a powerful tool for bridging the financial divide, particularly in rural and underserved areas. This research article explores the role of mobile banking in promoting financial inclusion among the unbanked population in rural regions, highlighting its potential to empower individuals economically and socially while fostering inclusive growth.