RBI Releases New Index To Measure Digital Payments Growth In India

The index comprises five broad parameters with varying weights to measure the penetration of digital payments.

The digital payment service Paytm, developed by One97 Communications Ltd., is demonstrated during an arranged photograph. (Photographer: Samyukta Lakshmi/Bloomberg)

The Reserve Bank of India released a Digital Payments Index to measure the growth in cashless transactions in India.

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