Digital payments record 40% annual growth at Sep-end 2021: RBI data
The newly constituted RBI's digital payment index (RBI-DPI) stood at 304.06 during September 2021.
Source: india.com
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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 RBI's latest index that measures the adoption of online transactions. Latest News | Digital Payments Record 40 Pc Annual Growth at Sep-end 2021: RBI Data.
Source: latestly.com
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. “The RBI-DPI comprises five broad parameters,that enable the measurement of deepening and expansion of digital payments in the country over different time periods. “These pa...
Source: thehindu.com