T7: Participation in major payment systems
(units; end of year)
Year
«  2017  »
2013 2014 2015 2016 2017
Large-value payment systems
RTGS
Total number of participants177192197198203
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants177192197198203
Breakdown of 'directly connected participants' by participant type
Banks164177185183188
Central bank11111
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systems67577
Other67677
Indirectly connected participantsnavnavnavnavnav
Large-value and retail payment systems
NEFT
Total number of participants161161173183192
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants161161173183192
Breakdown of 'directly connected participants' by participant type
Banks159159171181190
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 participants2983956478721,146
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants91105127142150
Breakdown of 'directly connected participants' by participant type
Banks60758693104
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Other3130414946
Indirectly connected participants207290520730996
Cheque clearing
Total number of participants5357011,2441,3561,613
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants213258264270270
Breakdown of 'directly connected participants' by participant type
Banks211256262268268
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants3224439801,0861,343
ECS / NECS
Total number of participants 111712312312380
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants11712312312380
Breakdown of 'directly connected participants' by participant type
Banks11512112112178
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participantsnavnavnavnavnav
NACH
Total number of participants2574599541,2431,312
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants117136147148158
Breakdown of 'directly connected participants' by participant type
Banks117136147148158
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants1403238071,0951,154
Fast payment systems
IMPS
Total number of participants2653122204362
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants2653122204362
Breakdown of 'directly connected participants' by participant type
Banks2653107181337
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnav152325
Indirectly connected participantsnavnavnavnavnav
UPI
Total number of participantsnapnapnap45109
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnap45109
Breakdown of 'directly connected participants' by participant type
Banksnapnapnap45109
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.