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International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
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ISSN: 3108-1754 (Online)
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ISO Certification: 9001:2015
Publication Fee: 599/- INR
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License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 6

Published on: June 2026

IMPACT OF FINTECH ON MODERN FINANCIAL MANAGEMENT: A COMPARATIVE STUDY OF LEADING INDIAN PRIVATE SECTOR BANKS

Aman Singh Rawat

Ginni Syal

Punjab College of Technical Education, Ludhiana – 142021, India. Email: ginni@pcte.edu.in
DOI:https://doi.org/10.55041/ijcope.v2i6.412

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Abstract

Financial Technology, or FinTech, has reshaped the practice of financial management across the world, and India's private banking sector offers a particularly clear illustration of this shift. Drawing on five years of financial performance data (2020–2025) from five leading private banks — HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, and IndusInd Bank — this paper asks a fairly direct question: does digital integration actually move the needle on profitability, efficiency, and the way these institutions make financial decisions, or is the connection more assumed than demonstrated? Applying descriptive statistics and one-way ANOVA to secondary financial data, the analysis indicates that FinTech adoption has gone well past being a mere operational convenience and now operates as a core determinant of financial stability and performance. Among the clearest results is a consistent inverse relationship between the Cost-to-Income ratio and Return on Assets: banks that have managed to build leaner, more digitally efficient cost structures also tend to report stronger asset productivity, which points to digital efficiency as a measurable driver of profitability rather than an incidental side effect.

Keywords: FinTech, Financial Management, Indian Banking Sector, Return on Assets, Operational Efficiency, Digital Transformation.

How to Cite this Paper

Rawat, A. S. (2026). Impact of FinTech on Modern Financial Management: A Comparative Study of Leading Indian Private Sector Banks. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(6). https://doi.org/10.55041/ijcope.v2i6.412

Rawat, Aman. "Impact of FinTech on Modern Financial Management: A Comparative Study of Leading Indian Private Sector Banks." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 6, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i6.412.

Rawat, Aman. "Impact of FinTech on Modern Financial Management: A Comparative Study of Leading Indian Private Sector Banks." International Journal of Creative and Open Research in Engineering and Management 02, no. 6 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i6.412.

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  • •Published on: Jul 01 2026
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