Research On The Influence Of Digital Inclusive Finance On The Risk-taking Of Commercial Banks

In recent years,China’s inclusive finance has made tremendous progress and occupies an important position in the financial system.With the continuous development of technologies such as big data and artificial intelligence,digital finance has emerged and deepened its connection with inclusive finance in the process of development,resulting in digital inclusive finance.Digital inclusive finance can use the advantages of digital finance to greatly promote the development of inclusive finance.Under such a background,commercial banks,the most essential element of China’s financial system,face both opportunities and challenges.On the one hand,commercial banks can expand their business scope,improve business efficiency and optimize risk control in the process of developing digital inclusive finance.On the other hand,digital inclusive finance will bring new risks while reducing traditional financial risks,and commercial banks will inevitably face these risks.By studying the impact of digital inclusive finance on the risk taking of commercial banks,it can provide reference for enhancing the risk-prevention and control system of commercial banks and for regulatory authorities to adjust their policies accordingly.Therefore,this study has strong practical significance.This paper studies the impact of digital inclusive finance on commercial banks’ risk taking from both theoretical and empirical levels.From a theoretical standpoint,the effect of digital inclusive finance is examined in terms of its path and mechanism.From a empirical point,this paper takes the panel data of 83 commercial banks from 2013 to 2020 as a sample,the fixed effect model and the intermediary effect model are constructed for empirical analysis,and the robustness of the main regression results is tested.Theoretical and empirical analysis have yielded the following conclusions: To begin with,the development of digital inclusive finance will improve the risk bearing level of commercial banks.Second,the development of digital inclusive finance has a heterogeneous impact on the risk taking of different types of commercial banks,with the largest impact on urban commercial banks and rural commercial banks,followed by stateowned holding large banks,and the smallest impact on national joint-stock commercial banks.Third,the income structure and management cost of banks play a part of intermediary effect in the impact of digital inclusive finance on commercial banks’ risk taking,Digital inclusive finance can improve the risk bearing level of commercial banks by changing the income structure of banks or increasing the management cost of banks.In order to optimize the operation of commercial banks and improve the stability of the entire financial system,this paper puts forward countermeasures and suggestions for commercial banks and regulatory authorities.Suggestions for commercial banks: First,accelerate the digital transformation of banks and innovate the development model;The second is to strengthen the combination of digital technology and risk management and improve the risk control system.Suggestions for regulatory authorities: First,improve the system and methods,and clarify the scope of supervision;The second is to use scientific and technological means to innovate regulatory methods.