
The Reserve Bank of India (RBI) has reported a significant rise in the RBI Financial Inclusion Index, which stood at 64.2 in March 2024, up from 60.1 in March 2023. This growth has been observed across all sub-indices. The Pradhan Mantri Jan Dhan Yojana has played a crucial role in this progress by promoting financial inclusion and banking the unbanked. The government has also urged private sector banks to enhance their efforts in financial inclusion, particularly in serving marginalized sections of society.
The #FinanceMinistry has asked private sector banks to increase their participation in financial inclusion schemes and serve the marginalized sections of society by helping fulfill their #Banking needs.
#NewsFlash | Government asks private sector banks to step up efforts on financial inclusion https://t.co/O3r6I124xb
RBI reports rise in financial inclusion index with growth across all segments https://t.co/83xmoUzpbx . . . #fiindex | #RBI | #RBIReport | #financial | #BusinessNews | #business | #RepublicBusiness | #RepublicTV | #RepublicWorld https://t.co/dklUwlwShV
