In the last decade India completed the task of providing a bank account to almost every household. In fact, the world sees this as one of the biggest stories of financial inclusion.
But here is the surprising fact—millions still don’t use these accounts regularly. Worse, they still borrow from moneylenders, fear digital payments, and remain uninsured.
A new report released recently by RBI, National Strategy for Financial Inclusion 2025–30, calls out this glaring gap and sets out a new path. One in which finance, combined with skills creates an ecosystem for empowerment, especially for women.
Such that financial inclusion evolves into financial wellbeing for all.
To walk us through this fundamental pivot, StratNewsGlobal.Tech spoke to Shinjini Kumar, ex-RBI and a veteran in financial services.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
