RBI Releases Financial Inclusion Index for March 2025

The Reserve Bank of India (RBI) has released the updated Financial Inclusion Index (FI-Index) for the year ending March 2025.

The FI-Index, which was first introduced in August 2021 for tracking financial inclusion across India, has now reached a value of
67.0, marking a steady rise from 64.2 in March 2024.

The increase reflects consistent improvements across all three sub-indices —
Access,
Usage, and
Quality.
This positive trend demonstrates the deepening of financial inclusion in the country.

The RBI noted that the growth in FY 2025 was particularly driven by improvements in the Usage
and Quality dimensions. These gains are attributed to sustained efforts in
financial literacy and increased penetration of digital financial services.

The FI-Index is a composite score ranging from 0 to 100, where a higher value indicates
greater financial inclusion. It is compiled annually based on data from various stakeholders, including
the government, financial institutions, and regulatory bodies.

Press Release No: 2025-2026/759 | Published by RBI