GO

NETC Ecosystem Statistics

Filter:

NETC FASTag - Issuer Banks (Apr'23)
NETC FASTag - Issuer Banks (Apr'23)
Sr. No Issuer Member Bank Total Volume (in Mn) Approved % Deemed Approved %
1 IDFC Bank 81.67 98.03% 1.97%
2 ICICI Bank 72.57 98.86% 1.14%
3 PAYTM Bank 55.81 99.92% 0.08%
4 Kotak Bank 18.08 96.45% 3.55%
5 HDFC Bank 17.98 94.07% 5.93%
6 Airtel Payments Bank 15.83 75.44% 24.56%
7 Axis Bank Ltd 11.27 98.75% 1.25%
8 State Bank of India 7.07 97.08% 2.92%
9 IndusInd Bank 6.60 97.80% 2.20%
10 Bank Of Baroda 3.50 99.36% 0.64%
11 EQUITAS SMALL FINANCE BANK 3.10 99.24% 0.76%
12 Karur Vysya Bank 3.07 93.85% 6.15%
13 Yes Bank 2.92 99.75% 0.25%
14 IDBI Bank 2.05 94.61% 5.39%
15 Federal Bank 1.01 96.98% 3.02%
16 Union Bank of India 0.68 97.77% 2.23%
17 South Indian Bank 0.33 98.88% 1.12%
18 Livquik Technology Pvt Ltd 0.29 99.75% 0.25%
19 City Union Bank Limited 0.24 97.28% 2.72%
20 Indian Bank 0.18 96.71% 3.29%
21 Punjab National Bank 0.15 98.40% 1.60%
22 Canara Bank 0.15 99.69% 0.31%
23 AU Small Finance Bank 0.14 97.81% 2.19%
24 Saraswat Bank 0.10 97.96% 2.04%
25 Central Bank of India 0.08 89.55% 10.45%
26 Karnataka Bank 0.05 69.86% 30.14%
27 Bank of Maharashtra 0.04 98.30% 1.70%
28 Nagpur Nagarik Sahakari Bank Ltd 0.03 98.48% 1.52%
29 Indian Overseas Bank 0.01 96.98% 3.02%
30 Jammu and Kashmir Bank 0.00 94.06% 5.94%
31 Cosmos Bank 0.00 93.00% 7.00%
32 Fino Payment Bank 0.00 92.32% 7.68%
33 UCO Bank 0.00 98.20% 1.80%
34 Dombivli Nagari Sahakari Bank 0.00 78.88% 21.12%
35 Syndicate Bank 0.00 0.00% 100.00%
36 Punjab Maharashtra Bank 0.00 0.00% 0.00%
NETC FASTag - Acquirer Banks (Apr'23)
NETC FASTag - Acquirer Banks (Apr'23)
Sr. No Acquirer Banks Total Approved Volume (in Mn) Approved % DECLINED
BD % TD %
1 IDFC Bank 122.55 99.39% 0.61% 0.00%
2 ICICI Bank 93.83 99.85% 0.15% 0.00%
3 Paytm Payments Bank 45.76 99.99% 0.01% 0.00%
4 Axis Bank 15.88 83.24% 16.76% 0.00%
5 Yes Bank 10.78 94.99% 5.01% 0.00%
6 HDFC Bank 8.83 99.58% 0.39% 0.03%
7 IDBI Bank 5.83 99.94% 0.05% 0.01%
8 Airtel Payments Bank 2.40 98.53% 1.47% 0.00%
9 State Bank of India 2.40 80.53% 19.47% 0.00%
10 Kotak Mahindra Bank 1.04 99.67% 0.10% 0.23%
11 Equitas Small Finance Bank 0.20 99.36% 0.64% 0.00%
12 KVB Bank 0.16 98.58% 1.17% 0.25%

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.