The Reserve Bank of India released the 'National Strategy for Financial Inclusion: 2025-30', targeting improved financial access and usage. Spearheaded by Governor Sanjay Malhotra, the plan emphasizes gender-sensitive approaches, equitable financial services, and increased financial resilience. It's built on the success of the previous strategy, ending in 2024.
RBI's Strategic Blueprint: Enhancing Financial Inclusion by 2030
The Reserve Bank of India (RBI), led by Governor Sanjay Malhotra, has launched a comprehensive strategy aimed at bolstering financial inclusion over the next five years.
Entitled 'National Strategy for Financial Inclusion (NSFI): 2025-30', the initiative emphasizes a collaborative approach to expand access to quality financial services, particularly targeting underserved and vulnerable populations with 47 specific action points.
Central to this strategy is the 'Panch-Jyoti' framework, which focuses on gender-sensitive approaches and enhancing financial resilience. Additionally, the plan promotes financial education to instill discipline and addresses customer protection, buoyed by input from key financial and governmental stakeholders.
