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BANKING & FINANCE RBI

RBI Reports a 4.48% Year-on-Year Increase in the National Financial Inclusion Index for FY26

The Reserve Bank of India announced that the Financial Inclusion (FI) Index climbed to 70.0 in March 2026, representing a growth of 4.48% from 67.0 in March 2025.
Developed as a comprehensive metrics framework, the index evaluates the extent of financial inclusion across India on a scale of 0 (complete exclusion) to 100 (complete inclusion).
The index is calculated annually without any baseline year, consolidating various parameters into three core dimensions: Access (weighted at 35%), Usage (weighted at 45%), and Quality (weighted at 20%).
This growth highlights the success of deep-tier digital banking and rural access, as reflected by the substantial weight assigned to the 'Usage' parameter, which tracks real-world utilization.

Key Facts / Static GK

First FI Index published: August 2021 (for the period ending March 2021)
Frequency: Published annually
Base Year: No base year used

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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