Friday, 18 September 2026

CHAPTER IV: CREDIT DELIVERY AND FINANCIAL INCLUSION - Revision

RBI ANNUAL REPORT 2025-26

CHAPTER IV: CREDIT DELIVERY AND FINANCIAL INCLUSION

1. Credit Delivery and Financial Inclusion Overview

RBI continued to widen banking access and strengthen credit delivery, especially for agriculture and micro/small enterprises. Major initiatives included re-KYC and financial-literacy campaigns, unclaimed-deposit settlement, review of the Lead Bank Scheme, expansion of the digital payments ecosystem and the National Strategy for Financial Inclusion (NSFI) 2025-30.

·       Review the Financial Inclusion Index.

·       Strengthen MSME outreach and inclusion.

·       Achieve 100% EDDPE coverage in at least 80% of districts by March 2026.

2. Implementation Status and Credit Delivery

FI-Index was 67.0 in March 2025, up from 64.2 in March 2024. The collateral-free MSE loan limit was enhanced from ₹10 lakh to ₹20 lakh with effect from April 1, 2026. MSME town-hall outreach was strengthened through district-level MSME SAMVAAD meetings.

By March 31, 2026, 100% EDDPE coverage had been achieved in more than 80% of districts, specifically 710 districts. This included all districts in 22 states and 8 UTs.

SCB priority-sector lending stood at 45.0% of ANBC/CEOBSE, whichever was higher, against the prescribed 40% overall target. Each bank group achieved the 40% overall target.

KCC remains a single-window facility for farmers’ working-capital and investment credit. Operative KCCs fell 11.7% to 256.2 lakh in 2025-26, while total outstanding KCC credit fell 4.9% to ₹5,71,444 crore. Data are provisional; the document attributes much of the decline to reclassification/declassification by select private sector banks.

SCB credit to MSMEs grew 23.5% year-on-year as at end-December 2025, versus 18.3% in the corresponding period a year earlier.

3. Financial Inclusion, Lead Bank Scheme and Digital Coverage

Lead Bank responsibility was assigned to 12 PSBs and 2 private banks, Jammu & Kashmir Bank and ICICI Bank, covering 778 districts.

The EDDPE programme had been extended to all districts in August 2023 except two districts of Andaman & Nicobar Islands. By March 31, 2026, 710 districts had 100% coverage.

The FI-Index combines access, usage and quality dimensions and draws on data from banking, investment, insurance, postal and pension sectors.

MPFI indicator

Dec 2025 total

Banking outlets, own-staff branches

1,70,189

Fixed-point BC outlets

11,75,250

BSBDAs (lakh)

7,304

BSBDA amount (₹ crore)

3,45,477

OD facilities in BSBDA (₹ crore)

414

ICT-BC transactions (lakh)

39,413

ICT-BC transaction amount (₹ crore)

11,89,767

 

The chapter notes revised reporting of BC outlets between the earlier FIP return and the MPFI return. Fixed-point BC outlets are outlets operating at least 4 hours a day, 5 days a week.

4. NSFI 2025-30 and Financial Literacy

NSFI 2025-30 was formally unveiled on December 1, 2025 after the 32nd FSDC Sub-Committee meeting. It builds on NSFI 2019-24 and seeks to remove demand and supply-side barriers, improve last-mile access, customer protection and grievance redressal, and link financial inclusion with skilling and livelihoods.

The strategy contains the Panch-Jyoti and 47 action points. Its focus areas include an equitable, responsible, suitable and affordable range of services; a gender-sensitive approach; livelihood/skill linkages; stronger customer protection and grievance redressal; and better monitoring and measurement. Key ecosystem institutions include RBI, SEBI, IRDAI, PFRDA, NABARD, NSDC and NCFE.

Financial Literacy Week 2026 was observed from February 9-13, 2026, focusing on KYC and account discipline, using centralised mass-media and localised campaigns.

5. 2026-27 Priorities

·       Implement NSFI 2025-30 action points.

·       Move towards 100% EDDPE coverage in all districts by March 2027.

·       Continue MSME and last-mile credit-delivery initiatives.

PART 2: IMPORTANT NUMBERS

Topic

Figure

Meaning

FI-Index Mar 2025

67.0

Improved from 64.2 in Mar 2024

MSE collateral-free loan limit

₹20 lakh

Raised from ₹10 lakh, effective Apr 1 2026

EDDPE fully covered districts

710

More than 80% of districts by Mar 31 2026

SCB PSL

45.0%

ANBC/CEOBSE whichever higher, vs 40% overall target

Operative KCCs

256.2 lakh

2025-26 provisional

Total KCC outstanding

₹5,71,444 crore

2025-26 provisional

MSME credit growth

23.5%

SCBs, y/y to end-Dec 2025

Lead Bank coverage

778 districts

12 PSBs + 2 private banks

NSFI action points

47

Under Panch-Jyoti

 

PART 3: IMPORTANT DATES

Date / Year

Event

Aug 2023

EDDPE extended to all districts except two in Andaman & Nicobar Islands

Mar 31, 2026

710 districts achieved 100% EDDPE coverage

Apr 1, 2026

₹20 lakh collateral-free MSE loan limit effective

Dec 1, 2025

NSFI 2025-30 formally unveiled

Feb 9-13, 2026

Financial Literacy Week 2026

 

PART 4: IMPORTANT RBI / GOI / OTHER INITIATIVES

Initiative

Organisation

One-line purpose / key fact

NSFI 2025-30

RBI/financial-sector regulators

Strategic framework for deeper inclusion, last-mile access, quality, literacy and customer protection.

EDDPE

RBI

Digital-payment saturation programme, 710 districts at 100% coverage by Mar 31 2026.

MSME SAMVAAD

RBI

District-level outreach added to MSME town-hall framework.

Aapki Poonji, Aapka Adhikar

DFS/RBI/banks

Campaign for return of unclaimed deposits and settlement of eligible DEA Fund claims.

FLW 2026

RBI

KYC and account-discipline awareness, Feb 9-13, 2026

Lead Bank Scheme review

RBI

Draft framework aimed at improving lead-bank coordination and last-mile delivery.

 

PART 5: KEY DEFINITIONS / CONCEPTS

Term

Meaning

FI-Index

Composite index of financial inclusion covering access, usage and quality.

EDDPE

Expanding and Deepening of Digital Payments Ecosystem programme.

KCC

Single-window facility for farmers’ working-capital and investment credit.

BSBDA

Basic Savings Bank Deposit Account.

MPFI Return

Monitoring Progress of Financial Inclusion return used to track FI parameters.

Lead Bank Scheme

District-level framework for coordinating banking and credit delivery.

 

PART 6: CONFUSION POINTS

Confusion

Correct distinction

PSL 45% vs target 40%

45% is the SCBs achieved overall PSL ratio; 40% is the prescribed overall target.

EDDPE 80% vs 100%

The 2025-26 goal was 100% coverage in 80% of districts; actual achievement was 710 districts, more than 80% of districts.

KCC decline vs credit growth

KCC accounts and outstanding KCC credit declined, while MSME bank credit grew strongly. These are different datasets.

FI-Index year

67.0 is March 2025, not March 2026.

 

PART 7: LAST-MINUTE EXAM FACTS

1.     FI-Index rose to 67.0 in March 2025 from 64.2 in March 2024.

2.     Collateral-free MSE loan limit became ₹20 lakh from April 1, 2026.

3.     EDDPE reached 100% coverage in 710 districts by March 31, 2026.

4.     SCB PSL was 45.0% against the overall 40% target.

5.     Operative KCCs were 256.2 lakh in 2025-26, down 11.7%.

6.     Total KCC outstanding was ₹5,71,444 crore, down 4.9%.

7.     MSME credit growth by SCBs was 23.5% y/y to end-Dec 2025.

8.     12 PSBs and 2 private banks carried Lead Bank responsibility for 778 districts.

9.     NSFI 2025-30 was unveiled on Dec 1, 2025.

10.  NSFI 2025-30 contains 47 action points under Panch-Jyoti.

11.  FLW 2026 ran Feb 9-13, 2026 on KYC and account discipline.

12.  MPFI total banking outlets own-staff branches were 1,70,189 in Dec 2025.

13.  Fixed-point BC outlets were 11,75,250.

14.  BSBDA total was 7,304 lakh and amount ₹3,45,477 crore.

15.  ICT-BC transactions were 39,413 lakh worth ₹11,89,767 crore.

CHAPTER V: FINANCIAL MARKETS AND FOREIGN EXCHANGE MANAGEMENT

RBI Annual Report 2025-26 CHAPTER V: FINANCIAL MARKETS AND FOREIGN EXCHANGE MANAGEMENT PART 1: COMPLETE REVISION NOTE 1. Overview Duri...