T7: Participation in major payment systems
(units; end of year)
Year
«  2016  »
2012 2013 2014 2015 2016
Large-value payment systems
RTGS
Total number of participants172177192197198
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants172177192197198
Breakdown of 'directly connected participants' by participant type
Banks157164177185183
Central bank11111
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systems56757
Other96767
Indirectly connected participantsnavnavnavnavnav
Large-value and retail payment systems
NEFT
Total number of participants146161161173183
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants146161161173183
Breakdown of 'directly connected participants' by participant type
Banks144159159171181
Central bank11111
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Other11111
Indirectly connected participantsnavnavnavnavnav
Retail payment systems
Card based payments
Total number of participants53298395647872
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants5391105127142
Breakdown of 'directly connected participants' by participant type
Banks5360758693
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernav31304149
Indirectly connected participantsnav207290520730
Cheque clearing
Total number of participants2005357011,2441,356
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants108213258264270
Breakdown of 'directly connected participants' by participant type
Banks106211256262268
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants923224439801,086
ECS / NECS
Total number of participants 1117117123123123
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants117117123123123
Breakdown of 'directly connected participants' by participant type
Banks115115121121121
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participantsnavnavnavnavnav
NACH
Total number of participants352574599541,243
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants29117136147148
Breakdown of 'directly connected participants' by participant type
Banks29117136147148
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants61403238071,095
Fast payment systems
IMPS
Total number of participants172653122204
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants172653122204
Breakdown of 'directly connected participants' by participant type
Banks172653107181
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnav1523
Indirectly connected participantsnavnavnavnavnav
UPI
Total number of participantsnapnapnapnap45
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnap45
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnap45
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participantsnavnavnavnavnav
 1  2019: The ECS system has been migrated to NACH in a phased manner and ECS was completely discontinued from February 2020. As on December 2019 only one ECS centre was live.