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IMPS Bank Performance

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IMPS Top 50 Banks Performance
Sr. No. IMPS Beneficiary Banks Total Volume (Mn) Approved % BD % TD% Deemed Approved %
1 State Bank of India 116.18 97.20% 1.93% 0.62% 0.25%
2 HDFC Bank 45.44 96.81% 2.79% 0.18% 0.22%
3 BANK OF BARODA 33.82 97.72% 2.15% 0.07% 0.07%
4 Punjab national Bank 33.10 96.85% 2.57% 0.50% 0.07%
5 Union Bank of India 29.96 96.72% 2.67% 0.32% 0.28%
6 Kotak Mahindra Bank 26.35 96.94% 2.09% 0.50% 0.48%
7 Canara Bank 23.15 96.97% 2.76% 0.20% 0.07%
8 ICICI Bank 19.69 95.37% 4.59% 0.04% 0.01%
9 Bank Of India 17.39 96.23% 3.05% 0.63% 0.09%
10 Indian Bank 16.51 98.00% 1.93% 0.01% 0.05%
11 Axis Bank 14.54 96.03% 3.90% 0.02% 0.05%
12 Central Bank of India 13.52 97.11% 2.43% 0.31% 0.14%
13 Airtel Payments Bank 13.25 96.76% 2.66% 0.46% 0.12%
14 Indusind Bank 9.62 94.96% 3.75% 1.01% 0.28%
15 Federal Bank 8.82 91.86% 8.07% 0.03% 0.04%
16 India Post Payments Bank Limited 8.55 89.70% 4.76% 3.35% 2.19%
17 Indian Overseas Bank 7.38 87.85% 3.11% 8.40% 0.64%
18 IDBI Bank 6.22 94.54% 3.86% 1.19% 0.40%
19 Bank of Maharashtra 5.35 94.88% 4.76% 0.26% 0.10%
20 Bandhan Bank limited 4.78 95.85% 3.51% 0.45% 0.19%
21 IDFC BANK 4.71 94.94% 2.84% 1.82% 0.40%
22 Karnataka Bank 4.70 95.83% 3.56% 0.22% 0.38%
23 Fino Payments Bank 4.69 88.13% 11.51% 0.09% 0.27%
24 Jammu and Kashmir Bank 4.46 97.21% 2.31% 0.37% 0.11%
25 Yes Bank Ltd 3.93 90.27% 9.64% 0.03% 0.06%
26 Karur Vysya Bank 3.67 93.38% 3.03% 3.35% 0.25%
27 UCO Bank 2.78 94.61% 4.22% 0.32% 0.85%
28 The South Indian Bank 2.76 96.91% 2.92% 0.10% 0.07%
29 Baroda Uttar Pradesh Gramin Bank 2.45 95.55% 2.86% 1.26% 0.34%
30 AU Small Finance Bank 2.34 96.62% 3.15% 0.13% 0.10%
31 Tamilnaad Mercantile Bank 2.10 96.90% 1.87% 0.51% 0.72%
32 Punjab and Sind Bank 2.05 93.58% 0.36% 2.41% 3.64%
33 City Union Bank 1.99 93.29% 5.02% 1.48% 0.21%
34 Equitas Small Finance Bank 1.84 93.80% 4.11% 1.79% 0.30%
35 Maharashtra Gramin Bank 1.71 97.37% 1.04% 1.06% 0.53%
36 Ujjivan Small Finance Bank Limited 1.50 95.18% 4.74% 0.02% 0.06%
37 Development Bank of Singapore 1.43 82.74% 17.23% 0.01% 0.02%
38 Madhya Bihar Gramin Bank 1.29 81.18% 12.63% 4.97% 1.22%
39 Rajasthan Marudhara Gramin Bank 1.27 96.25% 2.06% 0.65% 1.03%
40 RBL Bank Limited 1.17 95.11% 4.18% 0.17% 0.53%
41 Saraswat Co-operative Bank 1.16 96.78% 2.82% 0.17% 0.23%
42 Jio Payments Bank Ltd - IMPS 1.12 91.84% 6.67% 1.01% 0.48%
43 Karnataka Gramin Bank 1.11 97.78% 2.07% 0.05% 0.10%
44 Andhra Pradesh Grameena Vikas Bank 0.94 94.91% 1.43% 0.43% 3.22%
45 Kerala Gramin Bank -IMPS 0.94 95.66% 4.01% 0.22% 0.11%
46 Prathama U.P Gramin Bank 0.93 91.66% 7.23% 0.11% 1.00%
47 Citibank 0.85 95.85% 3.72% 0.39% 0.04%
48 Sarva Haryana Gramin Bank 0.83 94.55% 4.17% 0.13% 1.15%
49 NSDL PAYMENTS BANK LIMITED 0.80 85.70% 13.46% 0.49% 0.35%
50 Standard Chartered Bank 0.73 93.73% 4.65% 1.43% 0.19%
Glossary -
  • Business Decline (BD) - Transaction decline due to a customer entering, incorrect beneficiary account etc. Or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline.
  • Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side.
  • Deemed Approved (Pending Credit Confirmation for IMPS transactions) - Deemed Approved percentage indicates the total percentage of cases of the total transactions, where credit confirmations are not received online from the beneficiary banks for the credit. If the beneficiary account is not credited online, transaction would be manually processed by the beneficiary bank as per the extant RBI guidelines.
  • Beneficiary - The account holder who is receiving money.