TNPSC Thervupettagam

Digital Payment Index

January 6 , 2021 1294 days 1244 0
  • The Reserve Bank of India launched this index.
  • The RBI is to publish the Digital Payments Index on a semi-annual basis from March 2021.
  • It aims to measure the growth in cashless transactions in India.
  • The March 2018 is the base period.
  • The index comprises of five broad parameters such as payment enablers, payment performance, payment infrastructure – demand side factors and supply side factors and consumer centricity.

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