TNPSC Thervupettagam

Global Findex 2025

July 23 , 2025 12 hrs 0 min 36 0
  • The World Bank report was titled ‘Global Findex 2025’.
  • It was reflecting achievements in digital and financial inclusion in India.
  • India has account ownership at or close to 90 percent.
  • Over a third of bank account holders in India were no longer using the banking facilities and had inactive accounts.
  • It cited Jan Dhan Yojana accounts as one of the likely reasons for the country’s high share of account inactivity.
  • 35% of Indian bank account holders had inactive accounts in 2021.
  • This is 7 times higher than the average 5% inactivity rate in the other developing economies.
  • 16 percent of account owners do not have an active account.
  • The average for all other low- and middle-income economies is 4 percent.

 

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