Punjab, April 24 -- New evidence highlights gaps in financial capability, resilience, and decision-making across householdsNEW DELHI, April 24, 2026 /PRNewswire/ - The Indian Institute of ManagementUdaipur (IIMU), through the JM Financial Centre for Financial Research, in collaboration with People Research on India's Consumer Economy (PRICE), today released the Financial Maturity Index (FMI): A Survey of Two States, presenting one of the most comprehensive empirical assessments of household financial capability in India.
Based on extensive fieldwork across Gujarat and Rajasthan, the study introduces a multidimensional framework that moves beyond traditional measures of financial inclusion to examine how households actually understand, mana...