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Reserve Bank of India Reserve Bank of India announces Digital Payments Index (RBI-DPI) for March 2021 Date :Jul 28, 2021 The Reserve Bank had earlierannouncedconstruction of a composite Reserve Bank of India Digital Payments Index (RBI-DPI) with March 2018 as base to capture the extent of digitisation of payments across the country. The index for March 2021 stands at 270.59 as against 207.84 for March 2020, announced while launching the index on January 1, 2021. The RBI-DPI index ha
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FAQ :
The RBI-DPI is a composite index constructed by the Reserve Bank of India to measure the extent of digital payment adoption across the country.
The base period for the RBI-DPI is March 2018, with an index value of 100.
The RBI-DPI for March 2021 was 270.59.
The RBI-DPI for March 2021 stood at 270.59, a significant increase from 207.84 recorded in March 2020.
The significant growth in the RBI-DPI indicates the rapid adoption and deepening of digital payments across India in recent years.
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Source : https://www.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=51962