DIGITAL PAYMENTS INDEX (DPI)

About:

• The RBI-DPI has been constructed with March 2018 as the base period.
  
  
• The DPI for March 2019 and March 2020 work out to 153.47 and 207.84 respectively, indicating appreciable growth.
  
  
• The RBI-DPI comprises five broad parameters, including Payment Enablers, Payment Infrastructure – Demand-side factors and Supply-side factors, Payment Performance and Consumer Centricity,” the banking regulator said.
  
  
• RBI-DPI shall be published on RBI’s website on a semi-annual basis from March 2021 onwards with a lag of 4 months.