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RBI – Digital Payments Index for September 2024

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

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