1Assistant Professor, PG Department of Commerce, Surana College – Autonomous, Bangalore, Karnataka
2Assistant Professor, School of Commerce and Management, Dayananda Sagar University, Bangalore, Karnataka
3Professor, Department of MBA, Visvesvaraya Technological University, BDT College of Engineering, Davanagere-577004, Karnataka
*Corresponding Author E-mail: dvlhokeshwarie@gmail.com
Online Published on 03 July, 2025.
This study investigates AI’s impact in increasing financial inclusion and strengthening government-led initiatives such as PMJDY and DBTs. AI tools like machine learning-based credit scoring and automated transactions help to combat instability, fraud, and financial exclusion. The study, which is based on TAM, Financial Inclusion Theory, RBV, and Fraud Triangle Theory, analyses primary data from 468 stakeholders as well as secondary data from the RBI and NITI Aayog. While AI enhances transparency and efficiency, its influence on fraud prevention and financial literacy is questionable. SEM confirms a beneficial link between artificial intelligence and financial inclusivity. Future research should focus on improving AI infrastructure, literacy initiatives, and internet accessibility to promote long-term economic growth.
AI implementation mechanisms, Financial inclusion programs, Direct Benefit Transfers (DBTs), Pradhan Mantri Jan Dhan Yojana (PMJDY)
