The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India – Digital Payments Index (RBI-DPI) since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. The index for September 2024 stands at 465.33 as against 445.5 for March 2024, which was announced on July 26, 2024. The increase in RBI-DPI index was driven by growth in payment infrastructure and payment performance across the country over the period. The index series since its 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 |
March 2022 | 349.30 |
September 2022 | 377.46 |
March 2023 | 395.57 |
September 2023 | 418.77 |
March 2024 | 445.50 |
September 2024 | 465.33 |
(Puneet Pancholy)
Chief General Manager Press Release: 2024-2025/2034 | 