The volume of retail electronic clearing in India in the fiscal year 2022 was estimated at approximately 58 billion. This was a significant increase from over one billion in fiscal year 2015. The Indian digital payments market was expanding drastically and was estimated to reach the one trillion U.S. dollar mark by the year 2023.
Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions)
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Reserve Bank of India. (September 15, 2022). Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions) [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/
Reserve Bank of India. "Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions)." Chart. September 15, 2022. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/
Reserve Bank of India. (2022). Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions). Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/
Reserve Bank of India. "Volume of Retail Electronic Clearing in India from Financial Year 2015 to 2022 (in Billions)." Statista, Statista Inc., 15 Sep 2022, https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/
Reserve Bank of India, Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions) Statista, https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/ (last visited May 09, 2024)
Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions) [Graph], Reserve Bank of India, September 15, 2022. [Online]. Available: https://www.statista.com/statistics/1034615/india-volume-of-retail-electronic-clearing/