 "RBI, Reserve Bank of India")
Here are the best of Business Standard's opinion pieces for Thursday
The Reserve Bank of India has done well to construct an index to show the extent of financial inclusion in the country. The financial inclusion index (FI-Index) level for March 2021 was at 53.9, compared to 43.4 in March 2017. The reading of 53.9 shows that a large proportion of the population is still outside the formal channels of finance, or is unable to access quality services. In this regard, our lead editorial notes that better access to formal finance would not only help individuals — particularly in the
