Authors : Smt Shivaleela S W; Dr. Shobha. B. Hangarki

Volume/Issue : Volume 9 - 2024, Issue 7 - July

Google Scholar : https://tinyurl.com/4a5hjspw

Scribd : https://tinyurl.com/yk9azr7h

DOI : https://doi.org/10.38124/ijisrt/IJISRT24JUL1105

Abstract : This study investigates the impact of open banking processes on women's empowerment through Self-Help Groups (SHGs) in India. It examines how digital financial services, API integrations, and mobile technologies enhance financial inclusion and Socio- economic empowerment of women SHG members. Using a mixed-methods approach, the research analyzes quantitative data from SHG transactions and surveys, complemented by qualitative insights from interviews with SHG members, banking professionals, and policymakers. The findings reveal significant improvements in financial access, literacy, and decision- making power among women participants, while also highlighting challenges in technology adoption and data security. This research contributes to the understanding of how open banking can be leveraged to promote gender equality and financial inclusion in developing economies.

Keywords : Self-Help Groups (SHGs), Women Empowerment, Financial Inclusion, Socio-Economic Development, Gender Equality.

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