Digital Payments Index Latest News
Recently, the Reserve Bank of India (RBI) announced that its Digital Payments Index (RBI-DPI) surged to 493.22 in March 2025, up from 465.33 in September 2024.
About Digital Payments Index
- It has been constructed by the Reserve Bank of India to measure the extent of digitisation of payments across the country.
- It was first launched in January 2021.
- It is based on multiple parameters and reflects the expansion of various digital payment modes accurately.
- It is a first-of-its kind index to measure the spread of digital payments across the country.
- Base Year: It has been constructed with March 2018 as the base period, i.e., the DPI score for March 2018 is set at 100.
- The DPI index comprises five broad parameters that enable the measurement of deepening and penetration of digital payments in the country over different time periods.Â
- The parameters include:
- Payment enablers (25 per cent weightage in the index)
- Demand-side and supply-side payment infrastructure factors (10 per cent each)Â
- Payment performance (45 per cent)Â
- Consumer centricity (5 per cent)Â
- Each of the parameters has sub-parameters, which, in turn, consist of various measurable indicators.
Source: DD News.
Digital Payments Index FAQs
Q1: Which institution releases the Digital Payments Index in India?
Ans: Reserve Bank of India
Q2: What is the DPI index?
Ans: The RBI constructed a composite Digital Payments Index (DPI) to capture the extent of digitisation of payments across the country.
