Which institution releases Digital Payments Index in India?
Reserve Bank of India.
2023 August
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3.25/5 |
According to the RBI's index, which gauges the uptake of online transactions, digital payments nationwide saw growth of 13.24% in the year through March 2023. In March 2023, the RBI's Digital Payments Index (RBI-DPI) was at 395.57, up from 349.30 in March 2022 and 377.46 in September 2022. The index serves as a foundation for measuring how much of the nation's payments have been digitalized.