T7: Participation in major payment systems
(units; end of year)
Year
«  2019  »
2015 2016 2017 2018 2019
Large-value payment systems
RTGS
Total number of participants197198203231236
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants197198203231236
Breakdown of 'directly connected participants' by participant type
Banks185183188214220
Central bank11111
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systems57755
Other6771110
Indirectly connected participantsnavnavnavnavnav
Large-value and retail payment systems
NEFT
Total number of participants173183192213217
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants173183192213217
Breakdown of 'directly connected participants' by participant type
Banks171181190211215
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 participants6478721,1461,1451,154
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants127142150148139
Breakdown of 'directly connected participants' by participant type
Banks869310410188
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Other4149464751
Indirectly connected participants5207309969971,015
Cheque clearing
Total number of participants1,2441,3561,6132,0052,101
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants264270270265276
Breakdown of 'directly connected participants' by participant type
Banks262268268263274
Central bank11111
Governmentnavnavnavnavnav
Postal institution11111
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants9801,0861,3431,7401,825
ECS / NECS
Total number of participants 112312380331
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants12312380330
Breakdown of 'directly connected participants' by participant type
Banks12112178310
Central bank11111
Governmentnavnavnavnavnav
Postal institution11110
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participantsnavnavnavnavnav
NACH
Total number of participants9541,2431,3121,3321,377
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants147148158162171
Breakdown of 'directly connected participants' by participant type
Banks147148158162171
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Othernavnavnavnavnav
Indirectly connected participants8071,0951,1541,1701,206
Fast payment systems
IMPS
Total number of participants122204362498559
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants122204362498559
Breakdown of 'directly connected participants' by participant type
Banks107181337472533
Central banknavnavnavnavnav
Governmentnavnavnavnavnav
Postal institutionnavnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnavnavnavnavnav
Other1523252626
Indirectly connected participantsnavnavnavnavnav
UPI
Total number of participantsnap45109143143
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnap45109143143
Breakdown of 'directly connected participants' by participant type
Banksnap45109143143
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.