NETC Ecosystem Statistics

NETC FASTag - Issuer Banks (Apr'22)

NETC FASTag - Issuer Banks (Apr'22)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	66.55	98.91%	1.09%
2	IDFC Bank	59.97	98.12%	1.88%
3	PAYTM Bank	59.95	99.82%	0.18%
4	Airtel Payments Bank	14.78	8.30%	91.70%
5	HDFC Bank	12.06	96.96%	3.04%
6	Kotak Bank	11.33	94.23%	5.77%
7	Axis Bank Ltd	9.96	90.13%	9.87%
8	IndusInd Bank	8.13	98.52%	1.48%
9	State Bank of India	6.75	96.65%	3.35%
10	Karur Vysya Bank	3.37	95.18%	4.82%
11	Bank Of Baroda	3.10	98.63%	1.37%
12	EQUITAS SMALL FINANCE BANK	3.04	97.89%	2.11%
13	Yes Bank	2.36	96.83%	3.17%
14	IDBI Bank	2.02	95.67%	4.33%
15	Federal Bank	0.94	62.37%	37.63%
16	South Indian Bank	0.37	97.75%	2.25%
17	City Union Bank Limited	0.26	98.38%	1.62%
18	Union Bank of India	0.21	97.73%	2.27%
19	Canara Bank	0.19	99.62%	0.38%
20	Punjab National Bank	0.17	49.77%	50.23%
21	Indian Bank	0.12	97.89%	2.11%
22	Saraswat Bank	0.11	97.38%	2.62%
23	AU Small Finance Bank	0.09	98.75%	1.25%
24	Central Bank of India	0.07	96.76%	3.24%
25	Bank of Maharashtra	0.04	95.62%	4.38%
26	Nagpur Nagarik Sahakari Bank Ltd	0.03	97.69%	2.31%
27	Fino Payment Bank	0.01	94.83%	5.17%
28	Karnataka Bank	0.01	46.05%	53.95%

NETC FASTag - Acquirer Banks (Apr'22)

NETC FASTag - Acquirer Banks (Apr'22)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	IDFC Bank	105.55	99.89%	0.11%	0.00%
2	ICICI Bank	83.78	99.78%	0.14%	0.09%
3	Paytm Payments Bank	44.52	99.98%	0.02%	0.00%
4	Axis Bank	12.18	91.15%	8.85%	0.00%
5	State Bank of India	8.37	71.23%	28.75%	0.02%
6	IDBI Bank	6.52	97.34%	2.63%	0.03%
7	HDFC Bank	6.39	92.44%	7.42%	0.14%
8	Yes Bank	2.12	99.94%	0.06%	0.00%
9	Airtel Payments Bank	1.80	51.67%	48.33%	0.00%
10	Equitas Small Finance Bank	0.06	99.79%	0.21%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Mar'22)

NETC FASTag - Issuer Banks (Mar'22)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	67.84	94.62%	5.38%
2	PAYTM Bank	61.34	98.96%	1.04%
3	IDFC Bank	60.62	98.65%	1.35%
4	Airtel Payments Bank	15.34	10.70%	89.30%
5	HDFC Bank	12.05	91.36%	8.64%
6	Kotak Bank	11.18	97.23%	2.77%
7	Axis Bank Ltd	9.91	32.11%	67.89%
8	IndusInd Bank	8.53	98.12%	1.88%
9	State Bank of India	7.00	93.21%	6.79%
10	Karur Vysya Bank	3.50	95.15%	4.85%
11	Bank Of Baroda	3.11	98.43%	1.57%
12	EQUITAS SMALL FINANCE BANK	3.09	98.30%	1.70%
13	Yes Bank	2.39	95.85%	4.15%
14	IDBI Bank	1.97	96.49%	3.51%
15	Federal Bank	0.91	60.26%	39.74%
16	South Indian Bank	0.37	98.19%	1.81%
17	City Union Bank Limited	0.26	98.72%	1.28%
18	Canara Bank	0.18	99.59%	0.41%
19	Punjab National Bank	0.17	81.87%	18.13%
20	Union Bank of India	0.16	98.63%	1.37%
21	Indian Bank	0.11	98.31%	1.69%
22	Saraswat Bank	0.10	92.53%	7.47%
23	AU Small Finance Bank	0.08	98.71%	1.29%
24	Central Bank of India	0.07	89.55%	10.45%
25	Nagpur Nagarik Sahakari Bank Ltd	0.04	92.41%	7.59%
26	Bank of Maharashtra	0.04	97.82%	2.18%
27	Fino Payment Bank	0.01	95.55%	4.45%

NETC FASTag - Acquirer Banks (Mar'22)

NETC FASTag - Acquirer Banks (Mar'22)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
Sr. No.	Acquirer Name	Total Volume (Mn)	Approved %	BD %	TD %
1	IDFC Bank	108.10	99.68%	0.29%	0.03%
2	ICICI Bank	86.52	99.91%	0.09%	0.00%
3	Paytm Payments Bank	45.24	99.27%	0.73%	0.00%
4	Axis Bank	12.12	92.45%	7.55%	0.00%
5	State Bank of India	7.32	80.84%	19.12%	0.03%
6	HDFC Bank	6.53	94.67%	3.76%	1.57%
7	IDBI Bank	5.72	91.87%	8.10%	0.03%
8	Yes Bank	1.91	99.94%	0.06%	0.00%
9	Airtel Payments Bank	0.96	80.47%	19.51%	0.02%
10	Equitas Small Finance Bank	0.06	99.92%	0.08%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Feb'22)

NETC FASTag - Issuer Banks (Feb'22)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	61.45	97.31%	2.69%
2	PAYTM Bank	56.95	99.01%	0.99%
3	IDFC Bank	51.90	98.35%	1.65%
4	Airtel Payments Bank	14.30	43.33%	56.67%
5	HDFC Bank	10.93	97.27%	2.73%
6	Kotak Bank	9.69	96.74%	3.26%
7	Axis Bank Ltd	8.72	83.99%	16.01%
8	IndusInd Bank	8.35	97.24%	2.76%
9	State Bank of India	6.37	95.20%	4.80%
10	Karur Vysya Bank	3.14	95.38%	4.62%
11	Bank Of Baroda	2.96	97.60%	2.40%
12	EQUITAS SMALL FINANCE BANK	2.83	98.19%	1.81%
13	Yes Bank	2.09	95.32%	4.68%
14	IDBI Bank	1.77	96.25%	3.75%
15	Federal Bank	0.73	80.75%	19.25%
16	South Indian Bank	0.31	97.71%	2.29%
17	City Union Bank Limited	0.24	97.67%	2.33%
18	Canara Bank	0.18	98.18%	1.82%
19	Punjab National Bank	0.17	90.71%	9.29%
20	Union Bank of India	0.15	98.40%	1.60%
21	Saraswat Bank	0.10	93.47%	6.53%
22	Indian Bank	0.09	98.19%	1.81%
23	AU Small Finance Bank	0.07	98.34%	1.66%
24	Central Bank of India	0.07	90.93%	9.07%
25	Nagpur Nagarik Sahakari Bank Ltd	0.04	93.19%	6.81%
26	Bank of Maharashtra	0.03	97.26%	2.74%
27	Fino Payment Bank	0.01	95.62%	4.38%

NETC FASTag - Acquirer Banks (Feb'22)

NETC FASTag - Acquirer Banks (Feb'22)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	IDFC Bank	98.21	99.67%	0.33%	0.00%
2	ICICI Bank	79.07	99.17%	0.82%	0.01%
3	Paytm Payments Bank	39.69	99.60%	0.40%	0.00%
4	Axis Bank	11.00	90.31%	9.65%	0.04%
5	HDFC Bank	7.06	77.16%	0.16%	22.68%
6	State Bank of India	5.67	95.29%	4.70%	0.01%
7	IDBI Bank	5.30	88.20%	11.79%	0.01%
8	Yes Bank	1.65	99.92%	0.08%	0.00%
9	KVB Bank	0.43	99.04%	0.96%	0.00%
10	Airtel Payments Bank	0.21	99.80%	0.20%	0.00%
11	Equitas Small Finance Bank	0.05	99.94%	0.06%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Jan'22)

NETC FASTag - Issuer Banks (Jan'22)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	59.74	99.08%	0.92%
2	PAYTM Bank	52.19	99.76%	0.24%
3	IDFC Bank	49.42	97.38%	2.62%
4	Airtel Payments Bank	13.46	97.69%	2.31%
5	HDFC Bank	10.06	96.68%	3.32%
6	Kotak Bank	8.63	94.22%	5.78%
7	Axis Bank Ltd	8.46	83.86%	16.14%
8	IndusInd Bank	8.37	98.55%	1.45%
9	State Bank of India	6.41	97.05%	2.95%
10	Karur Vysya Bank	3.04	94.62%	5.38%
11	EQUITAS SMALL FINANCE BANK	2.85	98.66%	1.34%
12	Bank Of Baroda	2.78	98.30%	1.70%
13	Yes Bank	2.04	95.49%	4.51%
14	IDBI Bank	1.54	96.41%	3.59%
15	Federal Bank	0.72	83.42%	16.58%
16	South Indian Bank	0.31	98.45%	1.55%
17	City Union Bank Limited	0.22	96.88%	3.12%
18	Canara Bank	0.16	97.24%	2.76%
19	Punjab National Bank	0.15	64.52%	35.48%
20	Union Bank of India	0.12	98.62%	1.38%
21	Saraswat Bank	0.09	98.56%	1.44%
22	Central Bank of India	0.06	78.53%	21.47%
23	AU Small Finance Bank	0.05	98.78%	1.22%
24	Allahabad Bank	0.05	98.75%	1.25%
25	Nagpur Nagarik Sahakari Bank Ltd	0.04	96.83%	3.17%
26	Bank of Maharashtra	0.03	98.57%	1.43%
27	Fino Payment Bank	0.01	96.17%	3.83%

NETC FASTag - Acquirer Banks (Jan'22)

NETC FASTag - Acquirer Banks (Jan'22)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	IDFC Bank	94.05	99.51%	0.49%	0.00%
2	ICICI Bank	76.48	99.93%	0.06%	0.00%
3	Paytm Payments Bank	35.96	99.92%	0.08%	0.00%
4	Axis Bank	10.89	88.56%	11.44%	0.00%
5	State Bank of India	6.52	79.95%	20.05%	0.00%
6	HDFC Bank	4.40	98.86%	0.23%	0.91%
7	IDBI Bank	4.26	89.07%	10.92%	0.01%
8	Yes Bank	1.57	99.68%	0.32%	0.00%
9	KVB Bank	0.43	98.30%	1.70%	0.00%
10	Equitas Small Finance Bank	0.07	88.89%	10.98%	0.13%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Dec'21)

NETC FASTag - Issuer Banks (Dec'21)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	62.99	95.47%	4.53%
2	PAYTM Bank	55.67	99.43%	0.57%
3	IDFC Bank	48.87	98.92%	1.08%
4	Airtel Payments Bank	14.42	74.98%	25.02%
5	HDFC Bank	10.71	97.77%	2.23%
6	IndusInd Bank	9.65	97.91%	2.09%
7	Axis Bank Ltd	9.07	73.96%	26.04%
8	Kotak Bank	8.33	93.18%	6.82%
9	State Bank of India	7.01	94.84%	5.16%
10	Karur Vysya Bank	3.42	96.51%	3.49%
11	EQUITAS SMALL FINANCE BANK	3.24	98.51%	1.49%
12	Bank Of Baroda	3.07	98.09%	1.91%
13	Yes Bank	1.98	97.36%	2.64%
14	IDBI Bank	1.37	92.15%	7.85%
15	Federal Bank	0.84	57.63%	42.37%
16	South Indian Bank	0.36	98.21%	1.79%
17	City Union Bank Limited	0.25	96.76%	3.24%
18	Canara Bank	0.19	97.18%	2.82%
19	Punjab National Bank	0.16	63.19%	36.81%
20	Union Bank of India	0.14	98.30%	1.70%
21	Saraswat Bank	0.11	98.73%	1.27%
22	Central Bank of India	0.06	93.86%	6.14%
23	AU Small Finance Bank	0.04	98.34%	1.66%
24	Nagpur Nagarik Sahakari Bank Ltd	0.04	96.60%	3.40%
25	Bank of Maharashtra	0.04	74.44%	25.56%
26	Allahabad Bank	0.02	95.60%	4.40%
27	Fino Payment Bank	0.01	94.88%	5.12%
Total		242.06

NETC FASTag - Acquirer Banks (Dec'21)

NETC FASTag - Acquirer Banks (Dec'21)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	IDFC Bank	91.32	99.80%	0.20%	0.00%
2	ICICI Bank	82.52	99.57%	0.42%	0.01%
3	Paytm Payments Bank	42.01	99.90%	0.10%	0.00%
4	Axis Bank	11.69	89.79%	10.21%	0.00%
5	State Bank of India	8.24	75.98%	24.02%	0.00%
6	HDFC Bank	4.25	99.84%	0.12%	0.04%
7	IDBI Bank	4.20	94.24%	5.76%	0.01%
8	Yes Bank	1.75	99.96%	0.04%	0.00%
9	Equitas Small Finance Bank	0.07	88.19%	11.77%	0.04%
10	KVB Bank	0.01	97.74%	2.26%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Nov'21)

NETC FASTag - Issuer Banks (Nov'21)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	56.36	98.88%	1.12%
2	PAYTM Bank	50.37	98.63%	1.37%
3	IDFC Bank	40.49	98.07%	1.93%
4	Airtel Payments Bank	13.17	13.58%	86.42%
5	HDFC Bank	9.41	91.83%	8.17%
6	IndusInd Bank	9.09	97.88%	2.12%
7	Axis Bank Ltd	8.42	75.91%	24.09%
8	Kotak Bank	6.99	96.93%	3.07%
9	State Bank of India	6.44	94.89%	5.11%
10	Karur Vysya Bank	2.99	96.82%	3.18%
11	Bank Of Baroda	2.86	97.88%	2.12%
12	EQUITAS SMALL FINANCE BANK	2.83	97.48%	2.52%
13	Yes Bank	1.63	98.35%	1.65%
14	IDBI Bank	1.06	94.43%	5.57%
15	Federal Bank	0.76	42.97%	57.03%
16	South Indian Bank	0.32	98.06%	1.94%
17	City Union Bank Limited	0.21	96.80%	3.20%
18	Canara Bank	0.17	97.42%	2.58%
19	Punjab National Bank	0.15	93.22%	6.78%
20	Union Bank of India	0.13	97.81%	2.19%
21	Saraswat Bank	0.11	96.88%	3.12%
22	Central Bank of India	0.05	94.69%	5.31%
23	Bank of Maharashtra	0.04	47.31%	52.69%
24	Nagpur Nagarik Sahakari Bank Ltd	0.03	96.42%	3.58%
25	AU Small Finance Bank	0.03	97.96%	2.04%
26	Allahabad Bank	0.02	96.52%	3.48%
27	Fino Payment Bank	0.02	93.26%	6.74%

NETC FASTag - Acquirer Banks (Nov'21)

NETC FASTag - Acquirer Banks (Nov'21)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	ICICI Bank	73.46	99.81%	0.19%	0.00%
2	IDFC Bank	57.53	99.34%	0.66%	0.00%
3	Paytm Payments Bank	57.30	99.92%	0.08%	0.00%
4	Axis Bank	10.19	93.34%	6.66%	0.00%
5	State Bank of India	8.53	80.91%	19.09%	0.00%
6	HDFC Bank	5.55	98.41%	1.56%	0.04%
7	IDBI Bank	3.32	88.37%	11.62%	0.01%
8	Yes Bank	1.55	99.77%	0.23%	0.00%
9	Equitas Small Finance Bank	0.05	96.30%	3.70%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Oct'21)

NETC FASTag - Issuer Banks (Oct'21)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	59.52	98.72%	1.28%
2	PAYTM Bank	47.55	98.62%	1.38%
3	IDFC Bank	41.15	97.53%	2.47%
4	Airtel Payments Bank	12.63	18.87%	81.13%
5	HDFC Bank	9.24	96.38%	3.62%
6	IndusInd Bank	8.77	96.56%	3.44%
7	Axis Bank Ltd	8.41	73.18%	26.82%
8	State Bank of India	6.87	97.22%	2.78%
9	Kotak Bank	6.35	95.95%	4.05%
10	Karur Vysya Bank	3.30	96.77%	3.23%
11	EQUITAS SMALL FINANCE BANK	3.17	98.51%	1.49%
12	Bank Of Baroda	2.71	98.12%	1.88%
13	Yes Bank	1.73	98.56%	1.44%
14	IDBI Bank	0.81	94.83%	5.17%
15	Federal Bank	0.77	43.88%	56.12%
16	South Indian Bank	0.33	98.08%	1.92%
17	City Union Bank Limited	0.24	97.28%	2.72%
18	Canara Bank	0.18	97.62%	2.38%
19	Punjab National Bank	0.14	98.10%	1.90%
20	Union Bank of India	0.12	97.92%	2.08%
21	Saraswat Bank	0.10	96.01%	3.99%
22	Central Bank of India	0.04	97.57%	2.43%
23	Nagpur Nagarik Sahakari Bank Ltd	0.03	94.24%	5.76%
24	Bank of Maharashtra	0.03	86.86%	13.14%
25	AU Small Finance Bank	0.02	97.65%	2.35%
26	Allahabad Bank	0.02	97.10%	2.90%
27	Fino Payment Bank	0.02	95.15%	4.85%

NETC FASTag - Acquirer Banks (Oct'21)

NETC FASTag - Acquirer Banks (Oct'21)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	ICICI Bank	73.69	99.88%	0.11%	0.01%
2	Paytm Payments Bank	60.03	99.90%	0.10%	0.00%
3	IDFC Bank	51.75	99.54%	0.46%	0.00%
4	Axis Bank	9.76	96.03%	3.81%	0.16%
5	State Bank of India	9.74	71.14%	28.86%	0.00%
6	HDFC Bank	9.07	99.63%	0.34%	0.02%
7	IDBI Bank	2.44	92.47%	7.52%	0.01%
8	Yes Bank	1.52	98.17%	1.83%	0.01%
9	Equitas Small Finance Bank	0.05	98.30%	1.65%	0.04%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC FASTag - Issuer Banks (Sep'21)

NETC FASTag - Issuer Banks (Sep'21)
Sr. No	Issuer Member Bank	Total Volume (in Mn)	Approved %	Deemed Approved %
1	ICICI Bank	54.54	98.60%	1.40%
2	PAYTM Bank	43.10	98.31%	1.69%
3	IDFC Bank	35.94	97.33%	2.67%
4	Airtel Payments Bank	11.76	17.20%	82.80%
5	HDFC Bank	8.12	96.96%	3.04%
6	IndusInd Bank	8.05	96.71%	3.29%
7	Axis Bank Ltd	7.60	68.42%	31.58%
8	State Bank of India	6.55	96.15%	3.85%
9	Kotak Bank	5.33	97.10%	2.90%
10	Karur Vysya Bank	3.18	97.84%	2.16%
11	EQUITAS SMALL FINANCE BANK	3.05	98.59%	1.41%
12	Bank Of Baroda	2.45	98.26%	1.74%
13	Yes Bank	1.51	98.78%	1.22%
14	Federal Bank	0.68	89.07%	10.93%
15	IDBI Bank	0.57	96.00%	4.00%
16	South Indian Bank	0.31	96.48%	3.52%
17	City Union Bank Limited	0.24	96.60%	3.40%
18	Canara Bank	0.16	97.95%	2.05%
19	Punjab National Bank	0.12	97.36%	2.64%
20	Union Bank of India	0.11	97.67%	2.33%
21	Saraswat Bank	0.09	98.44%	1.56%
22	Central Bank of India	0.04	93.57%	6.43%
23	Nagpur Nagarik Sahakari Bank Ltd	0.03	98.17%	1.83%
24	Bank of Maharashtra	0.02	91.05%	8.95%
25	Allahabad Bank	0.02	97.42%	2.58%
26	Fino Payment Bank	0.01	94.08%	5.92%
27	AU Small Finance Bank	0.01	97.55%	2.45%

NETC FASTag - Acquirer Banks (Sep'21)

NETC FASTag - Acquirer Banks (Sep'21)
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	DECLINED
Sr. No	Acquirer Banks	Total Approved Volume (in Mn)	Approved %	BD %	TD %
1	ICICI Bank	68.07	99.81%	0.17%	0.01%
2	Paytm Payments Bank	55.19	98.17%	1.83%	0.00%
3	IDFC Bank	46.83	99.49%	0.51%	0.00%
4	HDFC Bank	8.41	99.95%	0.03%	0.02%
5	State Bank of India	8.38	77.55%	22.45%	0.00%
6	Axis Bank	8.36	93.73%	6.26%	0.00%
7	IDBI Bank	1.94	90.96%	9.03%	0.01%
8	Yes Bank	0.36	99.83%	0.08%	0.08%
9	Equitas Small Finance Bank	0.05	99.13%	0.87%	0.00%

Glossary

Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.

NETC Ecosystem Statistics

NETC FASTag

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NETC FASTag - Acquirer Banks (Nov'21)

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NETC FASTag - Acquirer Banks (Oct'21)

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NETC FASTag - Issuer Banks (Sep'21)

NETC FASTag - Acquirer Banks (Sep'21)

Glossary