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

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