Concept Note 2025
Background and Rationale:
India stands at the cusp of a digital revolution, where financial inclusion is no longer a vision but a measurable reality. Initiatives like Jan Dhan Yojana, Aadhaar-linked banking, UPI, and direct benefit transfers have significantly improved access to financial systems. However, rural India, which forms the backbone of the nation, still faces significant challenges in financial awareness, cyber safety, digital adoption, and smart financial behavior.
The convergence of Fintech, Cyber Security, and Artificial Intelligence (AI) presents a unique opportunity to transform rural financial ecosystems. Yet, without adequate financial literacy and awareness of digital risks, these technologies may increase vulnerability to cyber fraud and exclusion.
It is in this context that the International Financial Literacy Conclave 2025 is being organized in Lucknow, Uttar Pradesh, to bring together policymakers, financial institutions, technology leaders, academia, start-ups, NGOs, and rural stakeholders on a unified platform
Objectives
- Promote financial literacy and digital awareness among rural communities with a focus on smart usage of fintech tools.
- Explore Al-driven financial solutions customized for rural needs such as microcredit, agri-finance, insurance, and savings models.
- Strengthen cyber security frameworks for rural users to protect against online banking fraud, phishing, and data theft.
- Encourage collaboration among global stakeholders to promote inclusive digital finance.
- Highlight successful models and innovations in financial literacy and digital empowerment across India and the globe.
Outcome
1. Fintech for Rural Bharat
- Digital banking, UPI, micro-ATMs, and mobile wallets.
- Agri-fintech solutions and credit access for farmers and SHGs.
- Role of digital payments in women empowerment.
2. Cyber Security and Digital Trust
- Cyber fraud awareness and online safety practices.
- Role of banks, fintech firms, and regulators in securing rural transactions.
- Creating village-level cyber awareness catalysts.
3. Artificial Intelligence for Financial Inclusion
- Al in credit scoring, crop insurance, and financial advisory.
- Chatbots and vernacular Al assistants for rural customer service.
- Ethical Al and data privacy in rural contexts.