T7: Participation in major payment systems
(units; end of year)
Year
«  2018  »
2014 2015 2016 2017 2018
Large-value payment systems
RTGS
Total number of participants192197198203231
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants192197198203231
Breakdown of 'directly connected participants' by participant type
Banks177185183188214
Central bank11111
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systems75775
Other767711
Indirectly connected participantsnavnavnavnavnav
Large-value and retail payment systems
NEFT
Total number of participants161173183192213
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants161173183192213
Breakdown of 'directly connected participants' by participant type
Banks159171181190211
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 participants3956478721,1461,145
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants105127142150148
Breakdown of 'directly connected participants' by participant type
Banks758693104101
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Other3041494647
Indirectly connected participants290520730996997
Cheque clearing
Total number of participants7011,2441,3561,6132,005
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants258264270270265
Breakdown of 'directly connected participants' by participant type
Banks256262268268263
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants4439801,0861,3431,740
ECS / NECS
Total number of participants 11231231238033
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants1231231238033
Breakdown of 'directly connected participants' by participant type
Banks1211211217831
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participantsnavnavnavnavnav
NACH
Total number of participants4599541,2431,3121,332
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants136147148158162
Breakdown of 'directly connected participants' by participant type
Banks136147148158162
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants3238071,0951,1541,170
Fast payment systems
IMPS
Total number of participants53122204362498
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants53122204362498
Breakdown of 'directly connected participants' by participant type
Banks53107181337472
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernav15232526
Indirectly connected participantsnavnavnavnavnav
UPI
Total number of participantsnapnap45109143
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap45109143
Breakdown of 'directly connected participants' by participant type
Banksnapnap45109143
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.