Latest News | RBI Governor Launches Financial Inclusion Dashboard Antardrishti

Mumbai, Jun 5 (PTI) RBI Governor Shaktikanta Das on Monday launched a financial inclusion dashboard named 'Antardrishti'.

As the name suggests, the dashboard will provide the required insight to assess and monitor the progress of financial inclusion by capturing relevant parameters, the Reserve Bank of India (RBI) said in a statement.

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This facility will also enable to gauge the extent of financial exclusion at granular levels across the country so that such areas can be addressed, it said.

Presently, the dashboard is intended for internal use in the RBI, it said, adding it will further facilitate greater financial inclusion through a multi-stakeholder approach.

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The Reserve Bank has been promoting financial inclusion through various policy initiatives.

To measure the extent of financial inclusion, it said, the central bank had constructed the Financial Inclusion (FI) Index in 2021, based on three dimensions of financial inclusion -- 'Access', 'Usage' and 'Quality'.

The FI-Index has been conceptualised as a comprehensive index incorporating details of banking, investments, insurance, postal as well as the pension sector in consultation with the government and respective sectoral regulators.

The index captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)