Financial Inclusion Index
On 17thAugust 2021, the Reserve Bank of India (RBI) launched a “Financial Inclusion Index” or FI-Index to measure and improve the extent of access, usage and quality of financial inclusion in the country.
The Financial Inclusion Index (FI-Index) has been created to capture the extent of financial inclusion across the country.
About the Index
- The index reflects cumulative efforts of all stakeholders over the years towards financial inclusion, is responsive to ease of access, availability and usage of services, and quality of services relating to all 97 indicators.
- It has been conceptualised as a comprehensive index, incorporating details of banking, investments, insurance, ....
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