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Date : Jul 28, 2025

RBI – Digital Payments Index for March 2025

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 March 2025 stands at 493.22 as against 465.33 for September 2024, which was announced on January 29, 2025.

The increase in RBI-DPI index was driven by significant growth in parameters viz. Payment Infrastructure – Supply-side factors and Payment Performance across the country over the period.

The index series since its inception is as under:

Period

RBI – Digital Payment Index (DPI)

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

March 2025

493.22

(Puneet Pancholy)  
Chief General Manager

Press Release: 2025-2026/797