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RBI’s Digital Payments Index increases across all parameters

RBI’s Digital Payments Index increases across all parameters

Posted on July 29, 2024 By admin


The Reserve Bank of India logo is seen inside its headquarters in Mumbai. File
| Photo Credit: Reuters

The Reserve Bank of India’s Digital Payments Index (RBI-DPI) has increased to 445.50 as against 418.77 for September 2023. This was 395.57 in March 2023.

The RBI had been publishing a composite Reserve Bank of India – Digital Payments Index since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. 

“The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure across the country over the period,” the central bank said.



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