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TMI BlogDigital payments rise 11.1 pc at Sept-end 2024: RBI dataX X X X Extracts X X X X X X X X Extracts X X X X ..... Digital payments rise 11.1 pc at Sept-end 2024: RBI data X X X X Extracts X X X X X X X X Extracts X X X X ..... year-on-year rise as on September 2024, according to RBI's index that measures the adoption of online transactions. RBI's Digital Payments Index (RBI-DPI) for September 2024 stands at 465.33 as agai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nst 445.5 for March 2024, the Reserve Bank said in a statement on Wednesday. "The increase in RBI-DPI index was driven by growth in payment infrastructure and payment performance across the country ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... over the period, it said. The central bank had announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments across the country. The i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndex comprises five broad parameters that enable the measurement of the deepening and penetration of digital payments in the country over different periods. These parameters are Payment Enablers (we ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ightage 25 per cent); Payment Infrastructure – Demand-side factors (10 per cent); Payment Infrastructure – Supply-side factors (15 per cent); Payment Performance (45 per cent); and Consumer Centricity ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (5 per cent).
The index is published on a semi-annual basis from March 2021 onwards with a lag of four months. PTI NKD HVA X X X X Extracts X X X X X X X X Extracts X X X X
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