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Latest News | Digital Payments Record 40 Pc Annual Growth at Sep-end 2021: RBI Data

Get latest articles and stories on Latest News at LatestLY. Digital payments across the country registered a growth of nearly 40 per cent in a year through September 2021, as per the RBIs latest index that measures the adoption of online transactions. Latest News | Digital Payments Record 40 Pc Annual Growth at Sep-end 2021: RBI Data.
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Reserve Bank unveils digital payment index

Reserve Bank unveils digital payment index Updated: Updated: Share Article AAA The Reserve Bank of India (RBI) has constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country. The RBI-DPI has been constructed with March 2018 as the base period. The DPI for March 2019 and March 2020 work out to 153.47 and 207.84 respectively, indicating appreciable growth. โ€œThe RBI-DPI comprises five broad parameters,that enable the measurement of ...
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