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Financial Inclusion Index

RBI's Financial Inclusion index rises 4.48% in FY26, sees uniform growth

Reserve Bank's FI-Index, which captures the extent of financial inclusion in the country, rose 4.48 per cent during the year ending March 2026, the central bank said on Thursday. The Reserve Bank of India had constructed a composite Financial Inclusion Index (FI-Index) in consultation with concerned stakeholders, including the government. The annual index was first published in August 2021 for the fiscal year ending March 2021. "Index for the year ending March 2026 has since been compiled. The value of FI-Index for March 2026 stands at 70.0 vis-a-vis 67.0 in March 2025, with growth witnessed across all sub-indices," the Reserve Bank of India (RBI) said. The improvement in the FI-Index this year is mainly on account of an uptick in usage, reflecting the deepening of financial inclusion, it added. The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal, as well as the pension sector, in consultation with the ...

RBI's Financial Inclusion index rises 4.48% in FY26, sees uniform growth
Updated On : 16 Jul 2026 | 7:09 PM IST

Financial inclusion index should disclose all parameters: Sumita Kale

RBI's Financial Inclusion Index needs greater transparency, granular data and a shift towards usage, quality and household financial well-being, says Indicus Foundation CEO Sumita Kale in an interview

Financial inclusion index should disclose all parameters: Sumita Kale
Updated On : 25 Jan 2026 | 10:25 PM IST

Best of BS Opinion: FTA with UK a clear shift in India's stance on trade

Our daily wrap of today's Opinion page traverses the India-UK FTA, what the RBI needs to do to make the financial inclusion index more transparent, US tariffs, and the Jane Street affair

Best of BS Opinion: FTA with UK a clear shift in India's stance on trade
Updated On : 28 Jul 2025 | 6:15 AM IST

An inclusive index: More data needed to strengthen financial inclusion

The index is composed of three key parameters - access, usage, and quality - all of which have shown improvement this year

An inclusive index: More data needed to strengthen financial inclusion
Updated On : 27 Jul 2025 | 10:14 PM IST

Within 6 yrs, India achieved 80% financial inclusion: Ruchira Kamboj

'Within six years, India has achieved an 80% financial inclusion rate, a feat that would have taken decades without such digital infrastructure,' she said

Within 6 yrs, India achieved 80% financial inclusion: Ruchira Kamboj
Updated On : 26 Apr 2024 | 8:05 AM IST

RBI's financial inclusion index printed at 60.1% in March 2023, shows data

The FI Index was introduced in 2021 to capture the extent of financial inclusion throughout the country

RBI's financial inclusion index printed at 60.1% in March 2023, shows data
Updated On : 15 Sep 2023 | 11:09 PM IST

The next orbit of financial inclusion will be in the offline world

Payment solutions will allow transactions when connectivity is poor or if there is a systems breakdown

The next orbit of financial inclusion will be in the offline world
Updated On : 10 Sep 2023 | 10:02 PM IST

Digital public infra can speed up financial inclusion: G20 Report

The Policy recommendations in the report include risk based regulation, supervision, oversight arrangements for financial sector use of DPIs, promotion of sound internal governance among others

Digital public infra can speed up financial inclusion: G20 Report
Updated On : 07 Sep 2023 | 7:13 PM IST

Financial inclusion major step towards inclusive growth: FM Sitharaman

Financial inclusion is a major step towards inclusive growth which ensures the overall economic development of the marginalised sections of the society, Finance Minister Nirmala Sitharaman said on Sunday. The success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore with its expanded coverage to 67 per cent rural or semi-urban areas as well as 56 per cent of women Jan Dhan account holders, she said on the eighth anniversary of the flagship financial inclusion scheme. "Continuation of PMJDY beyond 2018 saw a marked shift in approach to meet challenges and requirements of the emerging FI (financial inclusion) landscape in the country. "There has been a shift in focus from 'every household' to 'every adult', with added emphasis on usage of accounts by enhancing Direct Benefit Transfer (DBT) flows through these accounts, promoting digital payments through the use

Financial inclusion major step towards inclusive growth: FM Sitharaman
Updated On : 28 Aug 2022 | 2:19 PM IST

RBI's March financial inclusion index shows growth in all segments

The index has risen to 56.4 in March 2022, against 53.9 as of March 2021

RBI's March financial inclusion index shows growth in all segments
Updated On : 02 Aug 2022 | 11:55 PM IST

RBI's financial inclusion index rises; showing growth across all segments

The RBI's composite financial inclusion index (FI-Index) capturing the extent of financial inclusion across the country rose to 56.4 in March 2022, showing growth across all parameters

RBI's financial inclusion index rises; showing growth across all segments
Updated On : 02 Aug 2022 | 2:34 PM IST

RBI Governor Shaktikanta Das says will bring financial inclusion index soon

Financial inclusion will continue to be the policy priority for the central bank, to make the post-pandemic recovery more inclusive and sustainable, Das said

RBI Governor Shaktikanta Das says will bring financial inclusion index soon
Updated On : 15 Jul 2021 | 11:02 PM IST

Govt announces states' financial inclusion index, easy online MSME loans

Jaitley said the financial inclusion index would create an element of competition among states with each of them vying for last-mile connectivity in banking

Govt announces states' financial inclusion index, easy online MSME loans
Updated On : 25 Sep 2018 | 9:07 PM IST