World Bank's G20 document praises India's financial inclusion

World Bank's G20 document praises India's financial inclusion

New Delhi: The Prime Minister, Shri Narendra Modi today shared findings of the World Bank that the bank included in it's G20 document that India has achieved financial inclusion targets in just 6 years which would otherwise have taken at least 47 long years. 

Digital Public Infrastructure (DPI) has had a transformative impact on India, extending far beyond inclusive finance. The G20 Global Partnership for Financial Inclusion document prepared by World Bank has lauded transformative impact of DPIs in India over the past decade under the Central Government.

The document highlights the groundbreaking measures taken by Central Government and the pivotal role of government policy and regulation in shaping the Digital Public Infrastructure (DPI) landscape.

Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoY

The Prime Minister posted on X 

"India's leap in financial inclusion, powered by Digital Public Infrastructure! 

Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail deposits

A G20 document prepared by World Bank shared a very interesting point on India's growth. India has achieved financial inclusion targets in just 6 years which would otherwise have taken at least 47 long years. 

Compliments to our robust digital payment infrastructure and the spirit of our people. It is equally a testament to rapid progress and innovation. 

Read Also : India assumes the Chair of Asian Disaster Preparedness Centre