The Reserve Bank of India (RBI) has constructed a financial inclusion index to capture the extent of financial inclusion in the country.

The index will measure access, usage and quality of financial inclusion among people.

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CNBC-TV18's Latha Venkatesh reports that the index ranges between zero and hundred. Access carries a weightage of 35 percent, usage carries a weightage of 45 percent and 20 percent is for quality.

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According to RBI in March 2017, the index was 43 and that has risen to about 54 in March 2021.

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(Edited by : Kanishka Sarkar)