Country’s improvised Financial Inclusion Index shows continued progress in financial services: RBI

 
The Reserve Bank of India (RBI) has reported an improvement in the country’s Financial Inclusion Index (FI-Index), with the index rising to 70.0 in March 2026 from 67.0 in March 2025. This steady rise reflects India’s continued progress in expanding financial services and deepening financial engagement nationwide.
This composite FI-Index tracks 97 indicators without a base year, evaluating India’s financial ecosystem across three core parameters: Access with weightage of 35 per cent, Usage 45 per cent and Quality with weightage of 20 per cent. The recent growth highlights significant improvements in the Usage and Quality dimensions, demonstrating that citizens are actively using digital infrastructure, credit, and insurance products rather than just holding bank accounts.
The RBI said growth was recorded across all sub-indices, with the improvement primarily driven by higher usage of financial services, indicating a strengthening of financial inclusion. The composite FI-Index, developed by the RBI in consultation with the Government and other stakeholders, measures the extent of financial inclusion in India. The index was first introduced in August 2021 for the financial year ending March 2021 and is published annually.