Digital transformation of economic systems has significantly altered the way financial activities are carried out across the world. In India, the growth of digital technologies-especially in banking, payment mechanisms, and financial services-has hastened the shift from a largely cash-based economy to a digitally integrated financial system. As a result, digital platforms such as mobile banking, online payments, and electronic commerce have become an essential part of everyday economic life. However, the effectiveness, inclusiveness, and long-term success of this transition depend greatly on the level of financial literacy among individuals. Financial literacy enables people to understand financial products, make informed decisions, and confidently use digital services. In its absence, users may face risks such as fraud, transaction errors, and poor financial planning. This book, Financial Literacy & Digital Economy: An Empirical Relationship Analysis, provides a structured and empirical analysis of the relationship between financial literacy and engagement in the digital economy, with particular focus on selected urban areas of Telangana, India.

Autorentext

Dr. Kranthikumar Ananthoju is an academician specializing in Financial Management. He earned his Ph. D. from Kakatiya University and holds M.Com and MBA degrees from Osmania University, along with UGC-NET qualification. With a decade of teaching experience and his current role in finance at BEL, he has contributed to research in digital finance.