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Banking sector is an important subset of any economy and plays a very crucial and significant part in its growth and development. The expansion and credibility of banking sector is attributed to the fact that it caters to the financial needs and accordingly provides customised solutions for the people at large. The new millennium has witnessed metamorphosis in the banking sector. The pace and trend of transformation is all set to accelerate in the coming decade. The process of Liberalisation, Privatisation and Globalisation Model (LPG Model) banking practices which being unleashed a few decades back will reach to greater heights as we step into the next decade. The innovative technology has brought about a paradigm shift in all aspects of banking like routine operations, transactions, products and processes, delivery of services in terms of various e-channels, credit administration and credit management, audit and compliance and Fin-Techs partnership. Digital transformations in the banking sector have received much needed thrust because of ‘The Digital India Moment’. The current study attempts to highlight the role of technology in banking and how technology-led innovations and initiatives will determine the business of banking as a whole. The significance of these technology-driven innovations and transformations is that they put both banker and customer in a win-win situation as drawn from existing literature related to financial institutions. The focus is on investigating the digital innovations adopted by the different banks both public and private to understand the economic structural changes resulted out of it.

This chapter explores into the understanding of poverty and mitigating the challenges by revisiting for a sustainable alleviation of the scales of economy. Eventually insufficient income and spending is the bastion of natural deprivation for household problems. Effective measures are critically examined to redefine the obstacles that are key to upliftment and eradication of poverty. It essentially aims to bridging the gap, analysing the SDG goals through a trend analysis for a time period. These strategies will introspect into overcoming the emerging areas of concern with a futuristic development. Evidently global challenges in the social, economic, political and cultural ecosystem require newness of intervention and initiatives to achieve the triple bottom line, revisiting the dimensions of poverty. Essentially it will anatomise into the causes and consequences of poverty through certain measuring yardsticks in the context of different economies globally. These social, economic, political, legal and technological interventions through their novel strategies can empower and create inclusion for the sharing of equitable wealth distribution, ensuring justice and supporting human rights, providing social security to the poorest of the poor. This study shall innovatively scan through the new entrepreneurship models to understand the skillsets across the globe in order to foster good governance in a win-win environment. Nevertheless, the aspects of poverty alleviation and sustainable order for mitigating the challenges of poverty shall be addressed in the spectrum of climate change and volatility, uncertainty, complexity and ambiguity (VUCA) environment. Basically, in review of the aforesaid dimensions, this study shall vividly examine on the Sustainable Developmental Goals (SDGs) pertaining to poverty alleviation worldwide to adjust for the seamless and uninterrupted continuation trend analysis of the periodic plans of action. It shall adjudge into the befitting global trend admissible under the uncertain future.

According to G20, ‘Inclusiveness basically signifies the accessibility of the various resources (goods, services, and livelihoods) on a commercially viable basis to the economically vulnerable section of the society through making them part of the organizations' value chain as customers, retailers, distributors, and suppliers’. With the increased application of digital technology in every sphere of life, the concept of inclusiveness has moved to e-inclusiveness. So, the present chapter tried to investigate the conceptual journey from inclusiveness to e-inclusiveness from business and financial system aspects. Further, it presents an insight into how the e-inclusiveness aspect impacts the poverty level mainly from the developing country's perspective. The study also suggests that from the perspective of developed as well as developing economies, the public and private sector players strive to develop an effective financial system incorporating an inclusiveness aspect.

India is one of the world's largest exporters of products and services. Given the outstanding contribution of services in India's foreign trade, this study examines the changing international trade pattern for India. It is a nation that is heavily dependent on imports and exports. This study examines the changing international trade pattern for India with the existence of certain global disruptions. The analysis highlights a growing trade surplus in services and an increasing trade deficit (i.e. imports higher than exports) in goods. India needs to have policies in place to emerge as a strong economy in this post-pandemic era. This chapter provides a set of examples based on the research findings. The research suggests that the growing economy and supportive government policies offer greater opportunities for the country in the longer period if urgent policy initiatives and support are extended to existing and potential manufacturing and services sectors. It ultimately seeks to highlight key opportunities, challenges and suggestions to protect and promote India's international trade.

Today, financial viability and the creation of social value form the main axis for the operation of inclusive firms. However, depending on who offers the ideas for inclusive enterprises, there can be questionable presumptions regarding what is promised in relation to poverty. One dubious premise is that all poverty can be solved by the market. Markets may be a prerequisite but not sufficient condition for resolving social problems. Financial inclusion through microfinance is a crucial facet of social inclusion. At the World Summit for Social Development (WSSD) in March 1995, governments made a commitment to eradicate poverty on a global scale, citing it as a moral, social, political and economic imperative. One of the three main objectives of the WSSD was the eradication of poverty. Microfinance provides financial services for persons living below the poverty line and for small businesses that lack access to traditional banking services and related products. Microcredit is the lending of small amounts of money to underserved consumers. Microfinance succeeded where institutional financing failed, but its viability is in question. An all-encompassing approach is required to support the growth of the new microfinance sector and manage the balance that must be struck between outreach and sustainability. It is well known that only efficient institutions can greatly lower the long-term expense of serving irregular and low revenues.

The poverty rate in India is still very high despite considerable economic reforms over the past 20 years and a rapid decline in that rate. Even if the accomplishments have received much praise, it is crucial to comprehend the dynamics of poverty by recognising those who entered and emerged from it. The literature on multidimensional poverty dynamics is not as well established as that on poverty entry and leave, despite the wealth of available empirical research on both topics. This chapter uses the multidimensional measure of issues related to health, education and infrastructure; social barriers to advancement; a lack of resources and a lack of competence to make decisions for the benefit of the household to investigate the dynamics of poverty and its underlying causes. This chapter distinguishes between chronic and sporadic poverty, and emphasizes the need to focus on the unique factors that determine each type. It is stated that when one individual has lived in poverty for a longer period of time, it is morally required to help. Furthermore, the causes of chronic and temporary poverty may differ, requiring policymakers to treat them as separate categories when developing policies. The theoretical work cited in this chapter laid the groundwork for a model of poverty dynamics, which could prove useful in elucidating the root causes of and pathways out of poverty for policymakers.

The conceptual studies on poverty raise a number of concerns, most notably how poverty is quantified and defined; its origins, dynamics and causes; and where and how it is distributed geographically.

In this research, we magnify the role of hybrid leadership style in facing uncertain turbulence in the market. Due to the rapid change in innovation and other macroeconomic developments, the already existing market turbulence has become uncertain. This uncertainty has further been accentuated by recent events like COVID-19 and Russia–Ukraine invasion. One solution that is crucial in facing this uncertainty is effective leadership. However, taking the wide groups of individuals present in the market into account, this leadership has to be tailored for each, and this is where the topic for this research, hybrid leadership style to face uncertain market turbulence, comes to play. Here, we gather the existing roles of different leadership styles in different businesses that help in facing the uncertainties and explore the possibilities of new ones. This work can therefore act as a guide to practice hybrid leadership style during market turbulences where following a single specific style may prove unhelpful or lead to dissatisfaction and even aggravation.

The Swedish International Development Cooperation Agency (SIDA) (2019) explicated there are four dimensions of poverty, and they include (1) resources, (2) opportunities and choice, (3) power and voice and (4) human security (e.g. violence issues and concerns). Contrastingly, Ellis (1984) postulated dimensions of poverty are social, economic, legal and political poverty. The Organisation for Economic Co-operation and Development (OECD) (2015) stated poverty is not always about income, indicating ‘income poverty’. Deprivation factors can be broad, but reported poor health, inadequate living standards and lack of education are dimensions of poverty (OECD, 2015). Also, according to the World Bank, the world's extremely poor are people who live on less than $1.90 USD per day (Beck et al., 2020). The $1.90 amount is at 2011 purchasing power parity levels. Additionally, the $1.90USD amount has decreased significantly over the last decades (Beck et al., 2020). Nevertheless, entrepreneurship, UN SDGs and technology can be strategies for sustainable alleviation of poverty and pandemic global economic recovery, in the 21st century.