Answer: Reserve Bank of India
Notes: The Reserve Bank's Financial Inclusion (FI) Index rose to 64.2 in March 2024, up from 60.1 in March 2023, indicating growth in financial inclusion across India. The index ranges from 0 (complete exclusion) to 100 (full inclusion) and comprises three parameters: access (35%), usage (45%), and quality (20%). The improvement was mainly driven by the usage dimension. The quality parameter uniquely captures aspects like financial literacy and consumer protection.
