Friday, May 27, 2022

India's rural economy has more access to banking now

To capture the extent of financial inclusion across the country, the Reserve Bank has constructed a composite FI-Index with three subindices, viz., FI-Access, FI-Usage and FI-Quality, incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral regulators.

from Banking/Finance-Industry-Economic Times https://ift.tt/6AIKgkz

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