RBI Financial Inclusion Index Rises to 70.0

Document title: Financial Inclusion Index for March 2026

Issuing authority: Reserve Bank of India, Department of Communication, Central Office, Shahid Bhagat Singh Marg, Mumbai

Reference number: Press Release 2026-2027/686

Date: 16 July 2026

Financial Stability and Inclusion

The Reserve Bank of India has released the composite Financial Inclusion Index (FI‑Index) for the year ending March 2026. The index records a value of 70.0, up from 67.0 in March 2025, reflecting improvement across all sub‑indices. The rise is mainly attributed to an uptick in the Usage component, signalling deeper penetration of financial services among households and enterprises. The FI‑Index was constructed in consultation with the Government and other stakeholders and was first published in August 2021 for the fiscal year ending March 2021. The current release continues the periodic compilation to capture the extent of financial inclusion across the country.

Overall, the upward movement of the FI‑Index indicates progress in extending financial services, with usage growth identified as the primary driver of inclusion.