Credit rating agency, CRISIL has launched CRISIL Inclusix, one-of-its first kind of tool to measure the extent of inclusion in India, right down to each of the 632 districts. It uses a statistically robust, transparent, and easy-to-understand methodology.
The rating agency has developed this index as part of its corporate social responsibility agenda, with support from the Reserve Bank of India (RBI) and the Ministry of Finance. CRISIL Inclusix will enable policy makers, regulators, and bankers to identify priorities to improve financial inclusion, design focused initiatives to push the inclusion agenda, and most importantly, measure the progress made.