Financial Inclusion: Banking on technology

FinTech innovations, mobile banking, and digital payment systems have transformed the financial landscape, making services more accessible, affordable, and user-friendly. The Reserve Bank of India’s Financial Inclusion (FI) Index, measuring the extent of financial inclusion on a scale of 0 to 100, increased to 64.2 in March 2024 from 60.1 in March 2023, indicating growth…

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