'Insight' dashboard will help in taking financial services to the last person, know how it will work?  

Antardrishti Dashboard Several steps are being taken by RBI for financial inclusion. Recently the Insight Dashboard has been launched by the Reserve Bank of India.

Jun 6, 2023 - 10:21
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'Insight' dashboard will help in taking financial services to the last person, know how it will work?   

Emphasis is being laid by the Reserve Bank of India (RBI) on providing financial services to the last person in the country. In this episode, an insight dashboard has been launched by RBI Governor Shaktikanta Das.
In a statement issued by the RBI, it has been said that the progress of financial inclusion will be assessed as per the prescribed standards through the insight dashboard. Along with this, it will also help in monitoring.
It was also said that with the help of the insight dashboard, the areas of lack of financial services on a large scale in the country can be detected and then work will be done on it.
In a statement issued by the central bank, it was said that at present the Insights Dashboard will be used by the RBI at an internal level. The multi-stakeholder approach will be adopted for Insights Dashboard to enhance financial inclusion in the future.
The central bank is continuously taking major steps to enhance financial inclusion in the country. At the same time, the Financial Inclusion (FI) Index was launched in 2021 to measure financial inclusion. In this, financial inclusion is measured on the basis of access, utility, and quality.
This index also includes information related to banking, investment, insurance and postal services, etc. of an area. This index ranges from 0 to 100. 0 indicates complete financial exclusion, while 100 indicates complete financial inclusion. Financial inclusion in the country has increased in the last few years due to increased internet penetration.

Muskan Kumawat Journalist & Writer