RBI releases National Strategy for Financial Inclusion 2025–30, outlines Panch-Jyoti framework with 47 action points

Reserve Bank of India

The Reserve Bank of India (RBI) on December 1 released the National Strategy for Financial Inclusion (NSFI): 2025-30, approved by the Sub-Committee of the Financial Stability and Development Council (FSDC-SC) in its 32nd meeting, the central bank said in a release.

NSFI 2025–30 emphasises a synergistic ecosystem approach, improving the quality and consistency of last-mile access and effective usage of financial services.

It lays down five strategic objectives, termed Panch-Jyoti, towards elevating the state of financial inclusion in the country and a menu of 47 action points to achieve them, release said.

The release added that the five objectives include improving the availability and use of an equitable, responsible, suitable and affordable bouquet of financial services to achieve financial safety and security for households and micro enterprises; adopting a gender-sensitive approach for women-led financial inclusion and differentiated strategies for improving financial resilience of households, especially for underserved and vulnerable segments; synergising livelihood, skill development and support ecosystem and its linkages with financial inclusion; leveraging financial education as a tool for promoting financial discipline; and strengthening the quality and reliability of customer protection and grievance redressal measures.

The strategy has been framed under the aegis of the Technical Group on Financial Inclusion and Financial Literacy following country-wide discussions with various stakeholders by the RBI and consultations involving the Department of Economic Affairs and the Department of Financial Services under the Ministry of Finance, Government of India. Other stakeholders consulted include the Securities and Exchange Board of India, the Insurance Regulatory and Development Authority of India, the Pension Fund Regulatory and Development Authority, the National Bank for Agriculture and Rural Development, the National Skill Development Corporation and the National Centre for Financial Education, release added.