The Reserve Bank had announced the construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) with March 2018 as a base to capture the extent of digitisation of payments across the country. The index for September 2021 stands at 304.06 as against 270.59 for March 2021.
The RBI-DPI Index continues to demonstrate significant growth in the adoption and deepening of digital payments across the country. The index series since inception is as under:
Period | RBI - DPI Index |
March 2018 (Base) | 100 |
March 2019 | 153.47 |
September 2019 | 173.49 |
March 2020 | 207.84 |
September 2020 | 217.74 |
March 2021 | 270.59 |
September 2021 | 304.06 |
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