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BANKING & FINANCE Financial Inclusion

Reserve Bank of India Reports 4.48 Percent Rise in Financial Inclusion Index

The Reserve Bank of India announced that the country's Financial Inclusion Index grew by 4.48 percent during the financial year ending March 2026.
The index value reached 70.0 in March 2026, marking a steady ascent from 67.0 recorded in March 2025.
The index operates on a scale of 0 to 100, where 0 denotes total financial exclusion and 100 represents complete financial inclusion across the nation.
Unlike typical economic indexes, the RBI's Financial Inclusion Index does not have a designated base year and is published on an annual basis.
Exam Perspective: Tracking this index is vital for aspirants as it reflects the systematic outreach of banking, credit, and digital payment infrastructure into underserved areas of India.

Key Facts / Static GK

Three core dimensions of FI Index: Access (35% weight), Usage (45% weight), and Quality (20% weight)
First FI Index publication: August 2021

Practice Quiz — 17 July 2026

Q1. Which of the following statements is/are correct regarding the PARIVARTAN Scheme? 1. The scheme's operational guidelines have been approved by the Ministry of Road Transport and Highways. 2. Old vehicles in the NCR will be replaced with BS-VI compliant models or Electric Vehicles. 3. The National Capital Region Planning Board serves as the funding agency for this scheme.

Q2. What is the weightage assigned to the 'Usage' dimension in the Reserve Bank of India's Financial Inclusion Index?

Q3. Which entity is responsible for managing the India-Japan Fund, which recently announced an investment of 200 crore rupees in Ather Energy?

Q4. Which airline operated the first international flight connecting Navi Mumbai International Airport with Abu Dhabi?

Q5. Which of the following nations were removed from the Financial Action Task Force Grey List in the June 2026 revisions?

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