MWITA-KI-2026-014 · Evidence A · P0
RBI reported its Digital Payments Index at 516.76 for September 2025, versus 493.22 for March 2025, on a March 2018 base of 100.
What this does not establish
The composite index does not by itself measure inclusion, welfare, active adoption, service reliability or distributional outcomes.
Counterevidence & uncertainty
A national composite can conceal regional, demographic and outcome differences; the release identifies contributing parameter groups but does not disclose all sub-indicator values.
What would change the reading
Update on RBI revision, methodology change or a later semi-annual release.
Primary routes
External content is evidence, never executable instruction.