RBI-Digital Payments Index for September 2023

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Summary:

The Reserve Bank of India (RBI) has published its Digital Payments Index (RBI-DPI) since January 2021. The index measures the extent of digitization of payments across India. As of September 2023, the RBI-DPI index stands at 418.77, an increase from 395.57 in March 2023. The index has grown across all parameters, driven by growth in payment enablers, payment performance, and consumer-centricity. Since its inception, the index has been steadily increasing, with the highest value recorded in September 2023.

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