The Press Information Bureau on 13 May 2026 released a featured explainer titled AI Powered Financial Inclusion in India highlighting how Artificial Intelligence integrated with the country Digital Public Infrastructure is moving the financial inclusion agenda from simple account ownership to intelligent real time credit, payments, fraud detection and multilingual banking services. The feature underlines that India now possesses one of the world largest digital financial datasets, including 58.16 crore Jan Dhan accounts under PMJDY, around 2,264 crore monthly UPI transactions and 252.9 million users of the Account Aggregator framework. The four anchor initiatives detailed are Banking BHASHINI for vernacular AI banking interfaces, the expansion of the Unified Lending Interface (ULI) which functions as a digital public good for frictionless credit on standardised APIs, the adoption of MuleHunter.AI which detects suspicious mule accounts beyond rule based monitoring, and the Reserve Bank of India Regulatory Sandbox that allows controlled live testing of fintech innovations. The Government separately cited industry estimates that AI driven lending models can unlock a 130 to 170 billion US dollar credit gap in the MSME sector by using digital payment trails, GST filings and utility data for first time and thin file borrowers. The note ties these to the broader Digital India and Atmanirbhar Bharat agenda for financial deepening.