RBI’s Financial Inclusion Index 2025 | 24 Jul 2025

Source: IE 

The Reserve Bank of India’s Financial Inclusion Index (FI-Index) rose to 67 in March 2025, up from 64.2 in March 2024, driven by better access, usage and quality, showing deeper financial engagement and improved literacy. 

• FI-Index is a comprehensive measure of financial inclusion across banking, investment, insurance, pension, and postal sectors, developed with inputs from the government and regulators. 
  • It is published annually in July and scores range from 0 (exclusion) to 100 (full inclusion).  
    • The index has no base year, reflecting cumulative progress over time. 
  • It consists of three parameters: Access (35%), Usage (45%), and Quality (20%). 
  • The quality parameter is a unique feature that includes financial literacy, consumer protection, and service equity 
• The index has steadily grown from 43.4 in March 2017 to 53.9 in March 2021, now reaching 67 in March 2025. 
  • Experts credit the rise to digital efforts and sustained financial literacy, marking a shift toward meaningful and inclusive financial empowerment.