Digital Payment Index Current Affairs, GK & News

RBI Digital Payments Index

The Reserve Bank of India recently released the Digital Payments Index to measure the growth in cashless transactions in India. What are the parameters of the Digital Payments Index? The Digital Payments Index comprises of five broad parameters. These parameters have different weight to measure the penetration of digital payments in the country. The parameters ..

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What is Digital Payment Index?

The Reserve Bank of India (RBI) announced on September 10, 2020 that a Digital Payments Index (DPI) will be launched. The index will assess and capture the extent of digitalisation of payments effectively. Key Points The DPI will be based on multiple parameters It is going to assess accurately about the penetration and deepening of ..

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