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RBI – Digital Payments Index for March 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 March 2024 stands at 445.50 as against 418.77 for September 2023.

The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure 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

(Puneet Pancholy)     
Chief General Manager

Press Release: 2024-2025/774

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