Paper Title
Prospects and Challenges: Fintech and Big Data in The Indian Finance Industry
Article Identifiers
Registration ID: IJNRD_211550
Published ID: IJNRD2312317
DOI: http://doi.one/10.1729/Journal.37220
Authors
Archana Sarbhai , Dr. Vivek Khare
Keywords
FinTech, Big Data, India, Data Privacy, Indian financial landscape
Abstract
The Indian financial services sector is undergoing a significant transformation propelled by the convergence of Financial Technology (FinTech) and Big Data applications. This paper explores the prospects and challenges arising from this integration, focusing on its impact on decision-making, client experiences, and operational efficiency in various financial institutions. The management of sensitive consumer data, regulatory compliance, and cybersecurity concerns are critical issues addressed within this context. The paper delves into the growth of Big Data applications in India over the past decade, showcasing a substantial increase in adoption rates and revenue generation. Additionally, it investigates the evolving landscape of the FinTech sector, emphasizing its role in providing personalized and efficient financial services. The interplay of Big Data and FinTech is examined, highlighting their contributions to risk management, fraud detection, cost reduction, and improved decision-making processes. Despite the promising prospects, the paper acknowledges challenges such as data privacy, security risks, regulatory compliance, and the scarcity of qualified talent. It also explores the role of these technologies in promoting financial inclusion and transforming the customer experience. The study concludes by emphasizing the need for a balanced regulatory framework, addressing skill gaps, and ensuring accessibility to fully unlock the potential of Big Data and FinTech in the Indian financial landscape.
Downloads
How To Cite (APA)
Archana Sarbhai & Dr. Vivek Khare (December-2023). Prospects and Challenges: Fintech and Big Data in The Indian Finance Industry. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(12), d155-d164. http://doi.one/10.1729/Journal.37220
Issue
Volume 8 Issue 12, December-2023
Pages : d155-d164
Other Publication Details
Paper Reg. ID: IJNRD_211550
Published Paper Id: IJNRD2312317
Downloads: 000122005
Research Area: Management
Country: Bhopal, Madhya pradesh, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2312317.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2312317
Crossref DOI: http://doi.one/10.1729/Journal.37220
About Publisher
Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJNRD (IJ Publication) Janvi Wave | IJNRD.ORG | IJNRD.COM | IJPUB.ORG
Licence
This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


Publication Timeline
Article Preview: View Full Paper
Call For Paper
IJNRD is a Scholarly Open Access, Peer-reviewed, and Refereed Journal with a High Impact Factor of 8.76 (calculated by Google Scholar & Semantic Scholar | AI-Powered Research Tool). It is a Multidisciplinary, Monthly, Low-Cost Journal that follows UGC CARE 2025 Peer-Reviewed Journal Policy norms, Scopus journal standards, and Transparent Peer Review practices to ensure quality and credibility. IJNRD provides indexing in all major databases & metadata repositories, a citation generator, and Digital Object Identifier (DOI) for every published article with full open-access visibility.
The INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT (IJNRD) aims to advance applied, theoretical, and experimental research across diverse fields. Its goal is to promote global scientific information exchange among researchers, developers, engineers, academicians, and practitioners. IJNRD serves as a platform where educators and professionals can share research evidence, models of best practice, and innovative ideas, contributing to academic growth and industry relevance.
Indexing Coverage includes Google Scholar, SSRN, ResearcherID-Publons, Semantic Scholar (AI-Powered Research Tool), Microsoft Academic, Academia.edu, arXiv.org, ResearchGate, CiteSeerX, ResearcherID (Thomson Reuters), Mendeley, DocStoc, ISSUU, Scribd, and many more recognized academic repositories.
How to submit the paper?
By Our website
Click Here to Submit Paper Online
Important Dates for Current issue
Paper Submission Open For: October 2025
Current Issue: Volume 10 | Issue 10 | October 2025
Impact Factor: 8.76
Last Date for Paper Submission: Till 31-Oct-2025
Notification of Review Result: Within 1-2 Days after Submitting paper.
Publication of Paper: Within 01-02 Days after Submititng documents.
Frequency: Monthly (12 issue Annually).
Journal Type: IJNRD is an International Peer-reviewed, Refereed, and Open Access Journal with Transparent Peer Review as per the new UGC CARE 2025 guidelines, offering low-cost multidisciplinary publication with Crossref DOI and global indexing.
Subject Category: Research Area
Call for Paper: More Details