New Delhi, July 22 -- India has made significant progress in financial inclusion, as reflected in the latest Financial Inclusion Index (FI-Index) released by the Reserve Bank of India (RBI).

The FI-Index for March 2025 has increased to 67.0 from 64.2 in March 2024, indicating that more people across the country now have better access to and are actively using financial services.

The improvement in the index signals a broader reach of financial services, with better quality and deeper usage. This growth has been observed across all three sub-indices of the FI-Index - Access, Usage, and Quality.

The RBI stated that the increase for the year ending March 2025 was mainly driven by the Usage and Quality dimensions, highlighting the growing ...