RBI announces Digital Payments Index for March 2022 at 349.30

The Reserve Bank announced the construction of a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) in March 2018 as a base to capture the extent of digitisation of payments in India. The index for March 2022 stands at 349.30 against 304.06 for September 2021. The RBI-DPI index showed significant growth representing the rapid adoption and deepening of digital payments.

Digital Payments Index (DPI)

PeriodRBI – DPI Index
March 2018 (Base)100
March 2019153.47
September 2019173.49
March 2020207.84
September 2020217.74
March 2021270.59
September 2021304.06
March 2022349.30

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