Financial literacy involves dealingwith financial knowledge, financial attitude, and financial behaviour. It isone of the key aspects of financial inclusion which promotes awareness, anddecision-making skills involving the management of finance by the individualthus it promotes financial well-being among individuals. Thus, this studyfocuses on RBI's various initiatives in India for the promotion of financialliteracy of the people in the country such as NFSI 2025-30 in place of NFSI2019-24, NSFE 2020-25, FI-Index, CFL, etc., and notable progress made in theconcerned field. There is success seen in ensuring bank branch availabilitynear villages, basic financial education content, increase in FI-Index,theme-based financial literacy celebration, and more inclusiveness of bankingservices in the country.

Keywords: RBI, OECD, Financial Literacy,Financial Education.