What is Financial inclusion index? – Business Standard


On August 17, 2021, the Reserve Bank of India (RBI) launched a Financial Inclusion Index (FI-Index) to track the process of ensuring access to financial services, timely and adequate credit for vulnerable groups such as weaker sections and low-income groups at an affordable cost.

 

The Fi-Index is a comprehensive index, incorporating details of banking, investment, insurance, postal, as well as the pension sector in consultation with government and respective sector regulators.

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