Synopsis: Recently, the Reserve Bank of India (RBI) unveiled its newly conceptualized Financial Inclusion Index to “capture the extent of financial inclusion across the country”. For meaningful financial inclusion, we must have meaningful metrics in the public domain. Contents1 Introduction2 What are the outlines of the new Index?3 Why RBI’s ‘financial inclusion index’ is much… Continue reading We require a more inclusive financial inclusion index
Tag: Financial Inclusion Index
Beyond bank accounts
Source: Business Standard Relevance: RBI has published the Financial Inclusion Index (FI- Index) Synopsis: Given the need to attain equitable growth, it is important to Focus on financial inclusion. The study of RBI report becomes important in this regard. Click here to read about FI-Index Contents1 What is the need for Financial Inclusion?2 What needs to… Continue reading Beyond bank accounts
Reserve Bank launches index to capture financial inclusion
Source: Livemint and Business Standard What is the News? The Reserve Bank of India has released India’s First composite Financial Inclusion Index (FI-Index). About Financial Inclusion Index(FI-Index): Released by: Reserve Bank of India(RBI) Aim: To capture the extent of financial inclusion across the country. Parameters: The index comprises three broad parameters — access (35% weightage),… Continue reading Reserve Bank launches index to capture financial inclusion
