Analyzing the Impact of Digital Financial Inclusion on Institutional Growth: An Analysis of Banking Companies of SAARC Countries

Abstract

The purpose of this research is to analyze the impact of digital financial inclusion on the institutional growth of banking companies in SAARC countries including Bhutan, India, and Maldives, Pakistan, and Sri Lanka data using secondary data analysis. The study examines current datasets, with a particular emphasis on metrics of digital financial inclusion such as mobile banking, online banking, and electronic payments, as well as institutional growth indicators such as assets, profitability, and market share. This study adopts a quantitative research design, drawing on secondary data from the annual reports of selected financial corporations in SAARC countries from 2015 to 2020. The data is examined by descriptive statistics, panel data regression, and correlation analysis. The study's findings are likely to shed light on the existing condition of digital financial inclusion in SAARC countries, as well as its implications for the banking sector. The study recommends for policymakers and stakeholders in the banking industry to promote financial inclusion and digital transformation.