Lok Sabha Question No. 2280 (UNSTARRED), answered on 2017-03-15
Subject: Promotion of Cashless Economy
Ministry: ELECTRONICS AND INFORMATION TECHNOLOGY
Asked by: B.N. CHANDRAPPA, NINONG ERING, PR. SENTHILNATHAN, JYOTI DHURVE, NARANBHAI KACHHADIA, R. GOPALAKRISHNAN, NALIN KUMAR KATEEL

## GOVERNMENT OF INDIA MINISTRY OF ELECTRONICS AND INFORMATION TECHNOLOGY LOK SABHA

## UNSTARRED QUESTION NO. 2280

TO BE ANSWERED ON: 15.03.2017

## PROMOTION OF CASHLESS ECONOMY

## 2280   : SHRI B.N. CHANDRAPPA: SHRI NINONG ERING: SHRI PR. SENTHIL NATHAN: SHRIMATI JYOTI DHURVE: SHRI NARANBHAI KACHHADIYA: SHRI R. GOPALAKRISHNAN: SHRI NALIN KUMAR KATEEL:

Will the Minister of ELECTRONICS & INFORMATION TECHNOLOGY be pleased to state: -

- (a) whether the Government has noticed the increased usage of digital payment options post demonetization;
- (b) if so, the details thereof;
- (c) whether  the  Government  has  made  any  assessment  of  the  number  of  new  users/ people who have started using digital payment options;
- (d) if so, the details thereof and whether the Government is levying any fees for carrying out transactions digitally;
- (e) whether steps have been taken by the Government to bring in stringent data protection law to safeguard the digital payment users in the country, if so, the details thereof; and
- (f) the  steps  being  taken  to  promote  digital  economy/literacy  in  the  country  especially among socially and economically disadvantaged sections like SCs, STs, Women and BPL persons?

## ANSWER

## MINISTER OF STATE FOR ELECTRONICS AND INFORMATION TECHNOLOGY (SHRI P. P. CHAUDHARY)

- (a) Yes, Sir.
- (b) Data  of  the  Payment  system  Indicators  since  October  2016  (along  with  month-onmonth growth) as released by RBI is placed at Annex-A .

The data of the selected payment systems indicators on a daily basis since November 1, 2016 is placed at Annex-B .

(c) and (d):  No, Sir.

(e):    For  Non-Bank Entities operating Payment Systems in India, RBI vide our circular DPSS.AD.No.1206/02.27.005/2009-2010  dated  December  7,  2009  and  DPSS.1444/ 06.11.001/  2010-2011  dated  December  27,  2010  (subsequently  amended  vide  circular DPSS.CO.OSD.No.2374/06.11.001/2010-2011dated April 15, 2011) has mandated System Audit to be done on an annual basis by CISA/DISA certified auditor.  Further, the scope of the System Audit should include evaluation of the hardware structure, operating systems and critical applications, security and controls in place, including access controls on key applications, disaster recovery plans, training of personnel managing systems and applications,  documentation,  etc.  The  audit  should  also  comment  on  the  deviations,  if any, in the processes followed from the process flow submitted to the Reserve Bank while seeking authorization.  The objective of  the IS  audit is to ensure  that the technology deployed  to

operate the payment system/s authorised is/are being operated in a safe, secure, sound and efficient manner and as per the process flow submitted by various authorised entities.

Further,  in  view  of  the  recent  demonetisation  and  the  stress  on  digital  transactions,  to address the issue of cyber resilience, RBI vide circular DPSS.CO.OSD.No.1485/06.08.005/2016-17 dated December 9, 2016 (copy is available on  https://www.rbi.org.in/scripts/FS\_Notification.aspx?Id=10772&fn=9&Mode=0)    had instructed all authorised entities / banks issuing PPIs in the country to :

- i. carry  out  a  special  audit  by  the  empanelled  auditors  of  Indian  Computer Emergency Response Team (CERT-In) on a priority basis and take immediate steps  thereafter  to  comply  with  the  findings  of  the  audit  report.  The  audit should  cover  compliance  as  per  security  best  practices,  specifically  the application security lifecycle and patch/vulnerability and change management aspects for the system authorised and adherence to the process flow approved by the Reserve Bank. Banks may also be guided by the circular DBS.CO/CSITE/BC.11/33.01.001/2015-16  on  Cyber  Security  Framework  in Banks dated June 02, 2016.
- ii. take appropriate measures on mitigating phishing attacks considering that the new customers are likely to be first time users of the digital channels. Safety and security best practices may be disseminated to the customers periodically.
- iii. implement additional measures dynamically depending upon the risk perception or threats as they emerge.

The IT Act, 2000 provides for protection of sensitive personal data which includes financial information  such  as  bank  account  or  credit  card  or  debit  card  or  other  payment  instrument details.  Further,  government  has  formulated  draft  rules  for  security  of  prepaid  payment instruments (PPIs). Presently these draft  rules have been published on Ministry of Electronics and  Information  Technology  (MeitY)  website  inviting  comments  from  public  and  all stakeholders.

(f):    Government  has  approved  a  sub  component  named  'Digital  Finance  for  Rural  India: Creating Awareness and Access through CSCs' under the Digital Saksharta Abhiyan (DISHA) in November 2016 for conducting awareness sessions on digital finance options available for rural  citizens  as  well  as  enabling  various  mechanisms  of  digital  financial  services  such  as Unstructured Supplementary Service Data(USSD), Unified Payment Interface (UPI), Cards/Point  of  Sales(PoS),  Aadhaar  Enabled  Payment  System(AEPS),    eWallet  etc.  As  on 10.03.2017,  around  2  Crore  beneficiaries  and  around  9.93  lakh  Merchants  have  been trained/enabled under this programme. Further, sensitization drives have been carried out at 650 Districts and 5,735 Blocks throughout the country.

In  addition  to  this,  following  initiatives  have  been  taken  for  creating  awareness    amongst citizens, namely:

A project titled 'On-boarding of self-organised small and medium business/ traders on digital payment initiatives' is being implemented through NIELIT covering small and medium size unorganized/self-organized business/traders to train them on digital payment initiatives and to adopt simplified digital payment mechanisms like UPI, USSD, BBPS, AEPS in a convenient manner.  As  on  10.03.2017,  150  unorganized/self-organized  business/traders  have  been trained.

The  Government  has  recently  approved  a  scheme  titled  'Pradhan  Mantri  Gramin  Digital Saksharta  Abhiyan  (PMGDISHA)'  to  usher  in  digital  literacy  in  rural  India  by  covering  6 crore  rural  households  by 31.03.2019.  Under  this  programme,  besides  digital  literacy,  the citizens would also be provided training on undertaking cashless transactions through mobile phones.

******

## Data on Payment S

|           | RTGS( Customer + Inter Bank)   | RTGS( Customer + Inter Bank)   | Paper Clearing   | Paper Clearing         | Retail Electronic Clearing (ECS+ NEFT+IMPS+NACH)   | Retail Electronic Clearing (ECS+ NEFT+IMPS+NACH)   | ECS DR           | ECS DR                 | ECS C (includes NE   | ECS C (includes NE   |
|-----------|--------------------------------|--------------------------------|------------------|------------------------|----------------------------------------------------|----------------------------------------------------|------------------|------------------------|----------------------|----------------------|
| Month     | Volume (Million)               | Value (Rupees Billion)         | Volume (Million) | Value (Rupees Billion) | Volume (Million)                                   | Value (Rupees Billion)                             | Volume (Million) | Value (Rupees Billion) | Volume (Million)     | V (Ru Bil            |
| Oct- 2016 | 9.01                           | 76,473.29                      | 88.03            | 6,501.66               | 346.46                                             | 10,635.10                                          | 0.82             | 2.04                   | 0.96                 |                      |
| Nov- 2016 | 7.87                           | 78,479.19                      | 93.50            | 5,845.13               | 312.76                                             | 9,748.58                                           | 0.28             | 1.38                   | 0.76                 |                      |
| Dec- 2016 | 8.84                           | 84,096.47                      | 138.82           | 7,289.40               | 418.97                                             | 12,610.71                                          | 0.25             | 1.55                   | 0.91                 |                      |
| Jan- 2017 | 9.33                           | 77,486.07                      | 131.17           | 7,281.23               | 385.92                                             | 12,397.98                                          | 0.20             | 1.43                   | 0.76                 |                      |

|           | Cards            | Cards                  | Credit Cards     | Credit Cards           | Credit cards - Usage at ATMs   | Credit cards - Usage at ATMs   | Credit cards - Usage at POS   | Credit cards - Usage at POS   | Debit Card       | Debit Card   |
|-----------|------------------|------------------------|------------------|------------------------|--------------------------------|--------------------------------|-------------------------------|-------------------------------|------------------|--------------|
| Month     | Volume (Million) | Value (Rupees Billion) | Volume (Million) | Value (Rupees Billion) | Volume (Million)               | Value (Rupees Billion)         | Volume (Million)              | Value (Rupees Billion)        | Volume (Million) | V (Ru Bil    |
| Oct- 2016 | 1,032.14         | 3,069.65               | 89.49            | 302.42                 | 0.62                           | 3.00                           | 88.86                         | 299.42                        | 942.65           | 2,7          |
| Nov- 2016 | 896.14           | 1,823.25               | 98.31            | 266.99                 | 0.40                           | 1.39                           | 97.91                         | 265.59                        | 797.82           | 1,5          |
| Dec- 2016 | 1,162.39         | 1,742.03               | 116.46           | 312.37                 | 0.38                           | 0.88                           | 116.08                        | 311.49                        | 1,045.93         | 1,4          |
| Jan- 2017 | 1,154.21         | 2,335.10               | 113.24           | 328.62                 | 0.44                           | 1.54                           | 112.80                        | 327.08                        | 1,040.97         | 2,0          |

Month over month growth (%)

|           | RTGS( Customer + InterBank)   | RTGS( Customer + InterBank)   | Paper Clearing   | Paper Clearing         | Retail Electronic Clearing (ECS+ NEFT+IMPS+NACH)   | Retail Electronic Clearing (ECS+ NEFT+IMPS+NACH)   | ECS DR           | ECS DR                 | ECS C (includes NE   | ECS C (includes NE   |
|-----------|-------------------------------|-------------------------------|------------------|------------------------|----------------------------------------------------|----------------------------------------------------|------------------|------------------------|----------------------|----------------------|
| Month     | Volume (Million)              | Value (Rupees Billion)        | Volume (Million) | Value (Rupees Billion) | Volume (Million)                                   | Value (Rupees Billion)                             | Volume (Million) | Value (Rupees Billion) | Volume (Million)     | V (Ru Bil            |
| Nov- 2016 | -12.6                         | 2.6                           | 6.2              | -10.1                  | -9.7                                               | -8.3                                               | -65.9            | -32.4                  | -20.4                |                      |
| Dec- 2016 | 12.3                          | 7.2                           | 48.5             | 24.7                   | 34.0                                               | 29.4                                               | -10.7            | 12.3                   | 19.7                 |                      |
| Jan- 2017 | 5.5                           | -7.9                          | -5.5             | -0.1                   | -7.9                                               | -1.7                                               | -20.0            | -7.7                   | -16.5                |                      |

|           | Cards            | Cards                  | Credit Cards     | Credit Cards           | Credit cards - Usage at ATMs   | Credit cards - Usage at ATMs   | Credit cards - Usage at POS   | Credit cards - Usage at POS   | Debit Card       | Debit Card   |
|-----------|------------------|------------------------|------------------|------------------------|--------------------------------|--------------------------------|-------------------------------|-------------------------------|------------------|--------------|
| Month     | Volume (Million) | Value (Rupees Billion) | Volume (Million) | Value (Rupees Billion) | Volume (Million)               | Value (Rupees Billion)         | Volume (Million)              | Value (Rupees Billion)        | Volume (Million) | V (Ru Bil    |
| Nov- 2016 | -13.2            | -40.6                  | 9.9              | -11.7                  | -35.7                          | -53.7                          | 10.2                          | -11.3                         | -15.4            |              |
| Dec- 2016 | 29.7             | -4.5                   | 18.5             | 17.0                   | -3.8                           | -36.6                          | 18.6                          | 17.3                          | 31.1             |              |
| Jan- 2017 | -0.7             | 34.0                   | -2.8             | 5.2                    | 14.5                           | 75.0                           | -2.8                          | 5.0                           | -0.5             |              |

Volume in million, Value in Rs. Billion

## Electronic Payment Systems - Representative Data on d

| Date           | RTGS   | RTGS    | NEFT   | NEFT   | CTS*   | CTS*   | IMPS*   | IMPS*   | NACH*   | NACH*   |      |
|----------------|--------|---------|--------|--------|--------|--------|---------|---------|---------|---------|------|
| Date           | volume | value   | volume | value  | volume | value  | volume  | value   | volume  | value   | volu |
| Nov-16         |        |         |        |        |        |        |         |         |         |         |      |
| 1              | 0.2    | 3806.2  | 6.6    | 283.8  | 1.9    | 143.9  | 1.5     | 13.6    | 4.7     | 32.3    | 0.0  |
| 2              | 0.3    | 3130.0  | 5.7    | 326.9  | 2.7    | 222.0  | 1.6     | 14.5    | 4.1     | 15.1    | 0.0  |
| 3              | 0.3    | 3050.1  | 5.3    | 373.5  | 2.8    | 209.6  | 1.4     | 13.0    | 5.2     | 9.0     | 0.0  |
| 4              | 0.4    | 4045.0  | 5.2    | 340.7  | 3.1    | 221.3  | 1.5     | 13.0    | 3.5     | 17.2    | 0.0  |
| 5              | 0.3    | 821.6   | 4.5    | 197.4  | 3.2    | 199.0  | 1.3     | 11.5    | 7.8     | 39.7    | 0.0  |
| 6              | h      | h       | h      | h      | h      | h      | 0.8     | 6.0     | h       | h       | 0.0  |
| 7              | 0.4    | 3592.7  | 5.3    | 353.8  | 3.3    | 227.1  | 1.5     | 13.1    | 7.0     | 36.2    | 0.0  |
| 8              | 0.4    | 3653.6  | 5.5    | 346.8  | 3.3    | 228.3  | 1.4     | 12.2    | 7.5     | 22.0    | 0.0  |
| 9              | 0.1    | 2199.9  | 3.1    | 159.1  | 1.3    | 77.6   | 0.6     | 7.1     | 4.5     | 15.7    | 0.0  |
| 10             | 0.3    | 3869.9  | 4.6    | 380.2  | 2.8    | 197.1  | 1.0     | 10.0    | 5.9     | 47.3    | 0.0  |
| 11             | 0.3    | 3466.0  | 4.2    | 386.3  | 2.8    | 190.9  | 1.3     | 11.2    | 2.6     | 11.7    | 0.0  |
| 12             | 0.2    | 562.0   | 2.9    | 176.7  | 2.4    | 149.0  | 1.2     | 10.5    | h       | h       | 0.0  |
| 13             | 0.1    | 216.9   | 1.3    | 62.2   | 1.2    | 65.5   | 1.0     | 7.4     | h       | h       | 0.0  |
| 14             | 0.1    | 260.4   | 2.6    | 119.7  | 1.1    | 70.2   | 1.1     | 9.2     | 8.9     | 11.6    | 0.0  |
| 15             | 0.4    | 4373.8  | 4.2    | 438.6  | 3.5    | 208.1  | 1.3     | 12.0    | 9.0     | 37.8    | 0.0  |
| 16             | 0.3    | 3347.6  | 4.5    | 348.1  | 4.0    | 239.6  | 1.2     | 11.5    | 5.9     | 34.1    | 0.0  |
| 17             | 0.3    | 3247.0  | 4.2    | 313.6  | 3.7    | 221.6  | 1.2     | 11.0    | 8.6     | 21.3    | 0.0  |
| 18             | 0.3    | 3455.7  | 4.3    | 315.0  | 3.7    | 234.5  | 1.2     | 10.7    | 4.0     | 10.2    | 0.0  |
| 19             | 0.3    | 739.1   | 3.6    | 217.8  | 3.6    | 203.6  | 1.1     | 10.0    | 5.8     | 7.4     | 0.0  |
| 20             | h      | h       | h      | h      | h      | h      | 0.7     | 4.8     | h       | h       | 0.0  |
| 21             | 0.3    | 3426.2  | 4.5    | 352.0  | 4.3    | 233.1  | 1.3     | 11.4    | 3.8     | 17.8    | 0.0  |
| 22             | 0.3    | 3295.8  | 4.5    | 332.4  | 4.5    | 244.1  | 1.2     | 10.9    | 3.8     | 8.9     | 0.0  |
| 23             | 0.3    | 3237.4  | 5.1    | 303.0  | 4.2    | 231.7  | 1.2     | 10.6    | 2.2     | 9.0     | 0.0  |
| 24             | 0.3    | 2947.7  | 4.2    | 299.2  | 4.0    | 247.5  | 1.2     | 10.7    | 3.2     | 19.0    | 0.0  |
| 25             | 0.3    | 3865.3  | 4.7    | 447.0  | 4.1    | 240.5  | 1.2     | 11.2    | 8.0     | 38.8    | 0.0  |
| 26             | h      | h       | h      | h      | h      | h      | 1.0     | 8.7     | h       | h       | 0.0  |
| 27             | h      | h       | h      | h      | h      | h      | 0.7     | 4.8     | h       | h       | 0.0  |
| 28             | 0.4    | 4349.0  | 6.6    | 620.2  | 5.7    | 333.3  | 1.3     | 12.6    | 16.4    | 30.9    | 0.0  |
| 29             | 0.4    | 4261.0  | 6.3    | 575.1  | 5.0    | 284.8  | 1.5     | 13.7    | 8.7     | 34.2    | 0.0  |
| 30             | 0.4    | 5259.3  | 9.4    | 738.8  | 5.1    | 295.3  | 1.7     | 18.0    | 11.2    | 79.5    | 0.0  |
| Nov 2016 total | 7.9    | 78479.2 | 123.0  | 8807.8 | 87.1   | 5419.2 | 36.2    | 324.8   | 152.5   | 606.6   | 0.2  |
| Dec-16         |        |         |        |        |        |        |         |         |         |         |      |
| 1              | 0.3    | 3781.0  | 10.4   | 564.6  | 4.6    | 288.8  | 1.8     | 18.2    | 11.6    | 55.7    | 0.0  |
| 2              | 0.3    | 3784.7  | 7.7    | 466.6  | 4.4    | 265.9  | 1.7     | 16.4    | 9.4     | 14.5    | 0.0  |
| 3              | 0.3    | 706.0   | 6.4    | 272.9  | 4.7    | 231.4  | 1.7     | 15.0    | 6.2     | 15.3    | 0.0  |
| 4              | h      | h       | h      | h      | h      | h      | 1.2     | 9.0     | h       | h       | 0.0  |
| 5              | 0.3    | 3552.4  | 7.0    | 459.2  | 4.9    | 247.2  | 1.9     | 16.4    | 15.0    | 64.0    | 0.0  |
| 6              | 0.3    | 3630.4  | 6.0    | 350.1  | 4.6    | 222.7  | 1.7     | 14.0    | 18.2    | 21.1    | 0.0  |
| 7              | 0.3    | 3300.7  | 7.2    | 399.0  | 5.2    | 256.8  | 1.8     | 15.5    | 13.5    | 32.0    | 0.0  |
| 8              | 0.3    | 3151.8  | 6.9    | 417.1  | 5.1    | 256.6  | 1.8     | 15.4    | 6.0     | 29.9    | 0.0  |
| 9              | 0.4    | 4329.5  | 7.1    | 473.6  | 4.8    | 277.5  | 1.8     | 15.3    | 6.0     | 17.3    | 0.0  |

| 10             | h       | h             | h     | h       | h     | h           | 1.5     | 11.6     | h       | h         | 0.0   |
|----------------|---------|---------------|-------|---------|-------|-------------|---------|----------|---------|-----------|-------|
| 11             | h       | h             | h     | h       | h     | h           | 1.0     | 6.5      | h       | h         | 0.0   |
| 12             | 0.2     | 297.2         | 5.3   | 230.5   | 2.4   | 134.0       | 1.3     | 11.2     | 14.0    | 46.5      | 0.0   |
| 13             | 0.4     | 3684.4        | 6.4   | 488.7   | 5.6   | 294.6       | 1.7     | 13.9     | 5.5     | 13.6      | 0.0   |
| 14             | 0.4     | 3818.4        | 6.7   | 487.7   | 6.5   | 320.8       | 1.9     | 15.5     | 4.9     | 23.1      | 0.0   |
| 15             | 0.4     | 4419.4        | 6.0   | 495.3   | 6.1   | 292.2       | 1.9     | 15.6     | 6.0     | 47.2      | 0.0   |
| 16             | 0.4     | 3213.2        | 5.8   | 415.2   | 6.0   | 297.2       | 1.9     | 15.0     | 4.5     | 13.7      | 0.0   |
| 17             | 0.3     | 707.0         | 4.9   | 250.1   | 5.3   | 252.4       | 1.7     | 13.2     | 5.6     | 8.5       | 0.0   |
| 18             | h       | h             | h     | h       | h     | h           | 1.1     | 6.6      | h       | h         | 0.0   |
| 19             | 0.4     | 3113.4        | 5.8   | 421.1   | 6.2   | 299.6       | 2.0     | 14.9     | 8.4     | 16.3      | 0.0   |
| 20             | 0.4     | 3498.0        | 5.8   | 407.7   | 5.6   | 280.7       | 1.9     | 15.0     | 5.6     | 17.4      | 0.0   |
| 21             | 0.4     | 3335.3        | 5.9   | 416.0   | 5.5   | 269.3       | 1.9     | 14.6     | 2.5     | 9.2       | 0.0   |
| 22             | 0.4     | 3471.0        | 5.9   | 482.1   | 5.2   | 267.3       | 1.9     | 14.7     | 4.6     | 14.0      | 0.0   |
| 23             | 0.4     | 3965.7        | 6.1   | 519.9   | 5.1   | 270.3       | 1.8     | 15.0     | 6.1     | 16.6      | 0.0   |
| 24             | h       | h             | h     | h       | h     | h           | 1.6     | 11.2     | h       | h         | 0.0   |
| 25             | h       | h             | h     | h       | h     | h           | 0.9     | 5.6      | h       | h         | 0.0   |
| 26             | 0.5     | 3947.7        | 7.1   | 546.4   | 6.9   | 368.7       | 2.0     | 15.6     | 8.7     | 18.4      | 0.0   |
| 27             | 0.4     | 3853.8        | 5.8   | 489.0   | 5.9   | 321.6       | 1.8     | 14.9     | 4.1     | 14.6      | 0.0   |
| 28             | 0.4     | 3945.0        | 6.9   | 525.3   | 5.4   | 282.3       | 1.7     | 14.9     | 9.1     | 19.4      | 0.0   |
| 29             | 0.4     | 4681.5        | 6.5   | 653.1   | 5.2   | 297.8       | 1.8     | 15.8     | 8.4     | 20.8      | 0.0   |
| 30             | 0.4     | 6364.5        | 9.3   | 841.9   | 4.7   | 267.7       | 1.9     | 18.7     | 8.9     | 51.4      | 0.0   |
| 31             | 0.4     | 1544.8        | 7.1   | 464.6   | 4.2   | 248.6       | 1.9     | 16.7     | 6.0     | 26.4      | 0.1   |
| Dec 2016 total | 8.8     | 84096.5       | 166.3 | 11537.6 | 130.0 | 6811.9      | 52.8    | 431.9    | 198.7   | 626.8     | 1.9   |
| Jan-17         |         |               |       |         |       |             |         |          |         |           |       |
| 1              | h       | h             | h     | h       | h     | h           | 1.6     | 10.2     | h       | h         | 0     |
| 2              | 0.4     | 4858.0        | 11.4  | 649.2   | 4.8   | 294.4       | 2.7     | 21.9     | 7.2     | 56.8      | 0     |
| 3              | 0.4     | 3526.3        | 7.7   | 465.7   | 4.8   | 282.2       | 2.5     | 20.5     | 5.2     | 15.1      | 0     |
| 4              | 0.4     | 3207.2        | 8.0   | 444.5   | 5.1   | 278.5       | 2.5     | 20.1     | 4.3     | 19.1      | 0     |
| 5              | 0.3     | 3206.9        | 7.5   | 427.3   | 4.4   | 237.8       | 2.4     | 19.5     | 10.3    | 57.3      | 0     |
| 6              | 0.4     | 3866.1        | 7.7   | 500.5   | 5.4   | 278.3       | 2.3     | 18.4     | 3.0     | 9.0       | 0     |
| 7              | 0.3     | 822.5         | 6.9   | 300.7   | 4.9   | 245.7       | 2.1     | 17.3     | 9.4     | 31.6      | 0     |
| 8              | h       | h             | h     | h       | h     | h           | 1.4     | 9.3      | h       | h         | 0     |
| 9              | 0.4     | 3334.9        | 8.0   | 451.4   | 5.4   | 271.5       | 2.6     | 20.1     | 8.8     | 22.3      | 0     |
| 10             | 0.4     | 2965.6        | 7.7   | 492.4   | 5.7   | 288.9       | 2.4     | 18.9     | 8.3     | 56.0      | 0     |
| 11             | 0.4     | 3449.0        | 7.1   | 442.5   | 5.4   | 276.9       | 2.4     | 18.4     | 7.8     | 14.5      | 0     |
| 12             | 0.4     | 2996.7        | 6.7   | 410.9   | 5.0   | 254.8       | 2.3     | 17.9     | 9.6     | 14.0      | 0     |
| 13             | 0.4     | 3349.5        | 6.9   | 541.6   | 5.1   | 294.2       | 2.2     | 17.4     | 4.2     | 16.7      | 0     |
| 14             | h       | h             | h     | h       | h     | h           | 1.4     | 9.7      | h       | h         | 0     |
| 15             |         | h             | h     | h       | h     | h           | 1.1     | 6.5      | h       | h         | 0     |
|                | h       |               | 6.9   | 477.0   | 5.6   |             | 2.2     | 16.2     |         |           |       |
| 16 17          | 0.4 0.4 | 3191.2 3053.9 | 5.4   | 393.6   | 5.3   | 297.0 291.4 | 2.1     | 15.7     | 8.4 5.6 | 32.8 17.3 | 0 0   |
| 18             | 0.4     | 2845.0        | 6.0   | 430.4   | 5.3   | 295.4       | 2.1     | 16.4     | 6.0     | 9.2       | 0     |
| 19             |         | 2973.8        | 5.4   | 416.8   | 5.1   | 285.4       | 2.0     | 15.8     |         | 8.3       | 0     |
|                | 0.4     |               |       |         |       |             |         |          | 6.3     |           |       |
| 20             | 0.4     | 3549.8        | 5.4   | 462.0   | 4.7   | 271.6       | 1.9     | 15.6     | 6.8     | 20.7      | 0     |
| 21 22          | 0.3 h   | 811.7 h       | 4.5 h | 288.5 h | 4.6 h | 257.0 h     | 1.7 1.2 | 13.7 6.9 | 8.0 h   | 14.8      | 0     |
| 23             | 0.4     |               |       |         |       |             |         |          |         | h         | 0     |
| 24             | 0.4     | 3351.7        | 5.5   | 432.5   | 4.7   | 254.9       | 2.1     | 16.5     | 6.5     | 15.0      | 0     |
|                |         | 3813.7        | 5.9   | 454.1   | 5.0   | 297.7       | 2.1     | 16.8     | 3.5     | 8.6       | 0     |
| 25             | 0.5     | 3828.5        | 6.2   | 586.7   | 4.9   | 294.7       | 2.0     | 17.3     | 4.6     | 15.1      | 0     |
| 26             | h       | h             | h     | h       | h     | h           | 1.2     | 9.0      | h       | h         | 0     |
| 27             | 0.5     | 3986.2        | 7.3   | 581.6   | 5.1   | 321.8       | 2.1     | 18.6     | 7.9     | 16.6      | 0     |

| 28             | h   | h       | h     | h       | h     | h      |   1.7 |   13.2 | h     | h     |   0 |
|----------------|-----|---------|-------|---------|-------|--------|-------|--------|-------|-------|-----|
| 29             | h   | h       | h     | h       | h     | h      |   1.1 |    6.9 | h     | h     |   0 |
| 30             | 0.6 | 4738.3  | 8.8   | 820.1   | 6.4   | 379.2  |   2.3 |   20.4 | 10.2  | 19.4  |   0 |
| 31             | 0.5 | 5759.5  | 11.3  | 885.2   | 5.9   | 369.1  |   2.7 |   26.3 | 6.8   | 50.9  |   0 |
| Jan 2017 total | 9.3 | 77486.1 | 164.2 | 11355.1 | 118.5 | 6618.4 |  62.4 |  491.2 | 158.7 | 541.4 |   4 |

| Notes:                                                                                                                   |
|--------------------------------------------------------------------------------------------------------------------------|
| 1. Data is provisional.                                                                                                  |
| 2. *: Source is NPCI.                                                                                                    |
| 3. **:Figures Negligible, Source is NPCI                                                                                 |
| 4. &: Card transactions of four banks. This data is obtained with a lag of 2 days, hence it will be updated on the day f |
| 5. #: PPI issued by 8 non-bank issuers for goods and services transactions only.                                         |
| 6. h: Holiday                                                                                                            |
| 7. Mobile Banking figures are taken from 5 banks. The total volume & value of electronic payment systems does not        |
| RTGS - Real time gross settlement                                                                                        |
| NEFT - National electronic funds transfer                                                                                |
| CTS - Cheque truncation system                                                                                           |
| IMPS - Immediate payment service                                                                                         |
| NACH - National automated clearing house                                                                                 |
| UPI - Unified Payments Interface                                                                                         |
| USSD - Unstructured Supplementary Service Data                                                                           |
| POS - Point of sale                                                                                                      |
| PPI - Prepaid payment instrument                                                                                         |