T7: Participation in major payment systems
(units; end of year)
«India»
 Year
« ‹ 2014 › »
 2010 2011 2012 2013 2014
Large-value payment systems
RTGS
Total number of participantsnapnap172177192
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap172177192
Breakdown of 'directly connected participants' by participant type
Banksnapnap157164177
Central banknapnap111
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnap567
Othernapnap967
Indirectly connected participantsnapnapnavnavnav
Large-value and retail payment systems
NEFT
Total number of participantsnapnap146161161
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap146161161
Breakdown of 'directly connected participants' by participant type
Banksnapnap144159159
Central banknapnap111
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnap111
Indirectly connected participantsnapnapnavnavnav
Retail payment systems
Card based payments
Total number of participantsnapnap53298395
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap5391105
Breakdown of 'directly connected participants' by participant type
Banksnapnap536075
Central banknapnapnavnavnav
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnav3130
Indirectly connected participantsnapnapnav207290
Cheque clearing
Total number of participantsnapnap200535701
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap108213258
Breakdown of 'directly connected participants' by participant type
Banksnapnap106211256
Central banknapnap111
Governmentnapnapnavnavnav
Postal institutionnapnap111
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnavnavnav
Indirectly connected participantsnapnap92322443
ECS / NECS
Total number of participants 1napnap117117123
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap117117123
Breakdown of 'directly connected participants' by participant type
Banksnapnap115115121
Central banknapnap111
Governmentnapnapnavnavnav
Postal institutionnapnap111
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnavnavnav
Indirectly connected participantsnapnapnavnavnav
NACH
Total number of participantsnapnap35257459
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap29117136
Breakdown of 'directly connected participants' by participant type
Banksnapnap29117136
Central banknapnapnavnavnav
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnavnavnav
Indirectly connected participantsnapnap6140323
Fast payment systems
IMPS
Total number of participantsnapnap172653
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnap172653
Breakdown of 'directly connected participants' by participant type
Banksnapnap172653
Central banknapnapnavnavnav
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnavnavnav
Indirectly connected participantsnapnapnavnavnav
UPI
Total number of participantsnapnapnapnapnap
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnapnap
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnapnap
Central banknapnapnavnavnav
Governmentnapnapnavnavnav
Postal institutionnapnapnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnavnavnav
Othernapnapnavnavnav
Indirectly connected participantsnapnapnavnavnav
 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.