The Reserve Financial institution of India (RBI) has been publishing a composite Reserve Financial institution of India – Digital Funds Index (RBI-DPI) since January 1, 2021, with March 2018 as the bottom 12 months to seize the extent of digitisation of funds throughout the nation.
The index for March 2025 stands at 493.22 as towards 465.33 for September 2024 and 445.5 for March 2024, the RBI stated in a press release.
“The rise in RBI-DPI index was pushed by important progress in parameters viz. Fee Infrastructure – Provide-side elements and Fee Efficiency throughout the nation over the interval,” in line with the semi-annual information.
The RBI-DPI contains 5 broad parameters that allow measurement of deepening and penetration of digital funds within the nation over completely different time durations.
These parameters are Fee Enablers (weight 25 per cent), Fee Infrastructure – Demand-side elements (10 per cent), Fee Infrastructure – Provide-side elements (15 per cent), Fee Efficiency (45 per cent) and Client Centricity (5 per cent). PTI
