RBI's financial inclusion index rises to 67.0 in March vs 64.2 year ago
This story was originally published at 12:09 IST on 22 July 2025
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NEW DELHI – The Reserve Bank of India's financial inclusion index rose to 67.0 in March from 64.2 a year ago, the central bank said in a release Tuesday. The growth in the index was witnessed across all sub-indices, the RBI said.
"Improvement in FI (financial inclusion) Index in FY25 (2024-25) is contributed by usage and quality dimensions, reflecting deepening of financial inclusion, and sustained financial literacy initiatives," the central bank said.
The index, launched by the RBI in 2021, captures information on various aspects of financial inclusion in a single value between 0 and 100, where 0 represents complete exclusion and 100 indicates full inclusion. It incorporates details of banking, investments, insurance, postal and pension sectors, in consultation with the government and respective sectoral regulators, and comprises 97 indicators.
The indicators are arrayed into three broad parameters--access, usage and quality. These three parameters have weightage of 35%, 45% and 20%, respectively. The financial inclusion index has been constructed without any base year and reflects cumulative efforts of all stakeholders over the years towards financial inclusion. End
Reported by Pratiksha
Edited by Tanima Banerjee
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