India’s Financial Inclusion Index Soars to 64.2 in 2023-24!
The recent report by the Reserve Bank of India highlights a significant improvement in the Financial Inclusion Index (FI-Index) to 64.2, up from 60.1 in March 2023. This remarkable progress underscores India's steadfast efforts to enhance financial accessibility and inclusion across various sectors.
What is Financial Inclusion?
Financial inclusion ensures that individuals and businesses have affordable access to essential financial services, such as banking, insurance, and credit. It aims to tackle challenges like unemployment, lack of financial education, and limited access to financial services, ensuring that economic growth benefits everyone.
As the Co-founder of Indifly Group, I am proud to align our efforts with this national vision. Our commitment to fostering entrepreneurship and promoting digital inclusion perfectly complements the strides India is making towards comprehensive financial inclusion. At Indifly Group, we are creating robust platforms and ecosystems in the sectors like banking, finance , payments , education, e-commerce & social commerce , etc for the inclusive growth of Bharat.
Indifly Group is making significant contributions to financial inclusion by addressing critical issues such as unemployment, lack of financial education, and restricted access to financial services.
Indifly Group's Impact:
- Partners : Engaging with over 50,000 partners nationwide.
- Customers : Serving more than 1 million individuals and businesses.
- Annual Payment Processing : Facilitating transactions exceeding ₹1000 Crore annually.
- Annual Loans Facilitated : Empowering businesses with loans surpassing ₹1000 Crore annually.