Answer: World Bank
Notes: The World Bank recently released the ‘Global Findex 2025’ report highlighting global progress in digital and financial inclusion. India’s account ownership stands at or near 90 percent, showing major financial inclusion gains. However, 16 percent of Indian account holders have inactive accounts, compared to 4 percent in other low- and middle-income countries. Between 2021 and 2024, the number of men and women with only inactive accounts in India declined. High device cost and poor mobile network coverage remain key barriers to mobile phone ownership in India.
