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Digital payments rise 11.1 pc at Sept-end 2024: RBI data
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....igital payments rise 11.1 pc at Sept-end 2024: RBI data<BR>News and Press Release<BR>Dated:- 29-1-2025<BR>PTI<BR>Mumbai, Jan 29 (PTI) Digital payments across the country registered an 11.11 per cent y....
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....ear-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 again....
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....st 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 o....
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....ver 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 in....
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....dex 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 (wei....
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....ghtage 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 Centric....
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....ity (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<BR> News - Press release - PIB....