RBI to publish ‘Financial Inclusion Index’

The Reserve Bank of India (RBI) will publish the Financial Inclusion Index.

  • The Financial Inclusion Index will be published annually in July for the previous financial year.
  • According to RBI’s Governor Shaktikanta Das, Financial Inclusion has been a thrust area for the Government, RBI and other regulators, with significant progress made over the years.
  • This index will be used to measure the extent of financial inclusion in the country.
  • It will use various parameters and shall reflect the broadening and deepening of financial inclusion in the country.
  • Financial Inclusion has been viewed as a key enabler for achieving inclusive and sustainable development worldwide.

(AIR)

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