{"id":29828,"date":"2025-07-31T12:31:32","date_gmt":"2025-07-31T07:01:32","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=29828"},"modified":"2025-07-31T16:15:07","modified_gmt":"2025-07-31T10:45:07","slug":"rbis-digital-payments-index","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/rbis-digital-payments-index\/","title":{"rendered":"Digital Payments Index"},"content":{"rendered":"<h2><b>Digital Payments Index Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">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.<\/span><\/p>\n<h2><b>About Digital Payments Index<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It has been constructed by the <\/span><a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/reserve-bank-of-india\/\" target=\"_blank\"><b>Reserve Bank of India<\/b><\/a><span style=\"font-weight: 400;\"> to measure the extent of digitisation of payments across the country.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It was first <\/span><b>launched in January 2021.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is <\/span><b>based on multiple parameters<\/b><span style=\"font-weight: 400;\"> and reflects the expansion of various digital payment modes accurately.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a first-of-its kind index to measure the spread of digital payments across the country.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Base Year:<\/b><span style=\"font-weight: 400;\"> It has been constructed with <\/span><b>March 2018<\/b><span style=\"font-weight: 400;\"> as the base period, i.e., the DPI score for <\/span><b>March 2018 is set at 100.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>DPI index comprises five broad parameters<\/b><span style=\"font-weight: 400;\"> that enable the measurement of deepening and penetration of digital payments in the country over different time periods.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The parameters include:<\/span>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Payment enablers (25 per cent weightage in the index)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Demand-side and supply-side payment infrastructure factors (10 per cent each)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Payment performance (45 per cent)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Consumer centricity (5 per cent)\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Each of the parameters has sub-parameters, which, in turn, consist of various measurable indicators.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><a href=\"https:\/\/ddnews.gov.in\/en\/indias-digital-payments-index-rises-sharply-to-493-22-says-rbi\/\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">DD News.<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The RBI&#8217;s Digital Payments Index has been constructed by the RBI to measure the extent of digitisation of payments across the country. Read more about Digital Payments Index, Base Year, Parameters, Latest News<\/p>\n","protected":false},"author":5,"featured_media":29829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1924,21,22,23],"class_list":{"0":"post-29828","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-digital-payments-index","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/29828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=29828"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/29828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/29829"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=29828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=29828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=29828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}