The Impressive TimesNew Delhi – The Reserve Bank of India (RBI) on Tuesday announced a notable improvement in the country’s Financial Inclusion Index (FI-Index), which rose by 4.3% to reach a value of 67 for the year ending March 2025, compared to 64.2 in March 2024.
The FI-Index, developed by the RBI in consultation with stakeholders including the government, serves as a composite measure of the extent of financial inclusion in the country. First introduced in August 2021, it provides a single score ranging from 0 to 100 — where 0 denotes complete financial exclusion and 100 reflects full inclusion.
The latest rise in the index reflects growth across all key parameters — Access (35%), Usage (45%), and Quality (20%), with significant contribution from the usage and quality dimensions. This trend points to a deepening of financial inclusion, improved service delivery, and ongoing financial literacy initiatives.
The index encompasses a wide range of financial sectors including banking, insurance, investments, postal services, and pensions, with data compiled in collaboration with relevant sectoral regulators.
The RBI highlighted that the continued upward trend underscores the success of government policies and regulatory reforms aimed at increasing access to and effective usage of financial services in India.
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