Financial Inclusion (FI), which refers to access and usage of appropriate financial services, continues to play an integral role in the realization of inclusive and sustainable growth. It is vital for economic and social development of a country.
According to the National Financial Inclusion Strategy 2017-2022, Financial Inclusion has be defined as having access to and using a broad range of quality and affordable financial services which help ensure a person’s financial security.
The Quarterly Financial Stability Review provides an overview of the quarterly performance and risk assessment of the banking sector. The overview of the performance focuses on developments in the key financial stability indicators while the risk assessment involves an analysis of the sector’s resilience to shocks using indices and stress tests.