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NETC Ecosystem Statistics

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NETC FASTag - Issuer Banks (Oct'22)
NETC FASTag - Issuer Banks (Oct'22)
Sr. No Issuer Member Bank Total Volume (in Mn) Approved % Deemed Approved %
1 ICICI Bank 70.24 96.51% 3.49%
2 IDFC Bank 67.43 99.46% 0.54%
3 PAYTM Bank 58.30 99.68% 0.32%
4 Kotak Bank 15.99 97.76% 2.24%
5 Airtel Payments Bank 15.32 67.64% 32.36%
6 HDFC Bank 13.90 95.26% 4.74%
7 Axis Bank Ltd 10.32 94.92% 5.08%
8 IndusInd Bank 7.60 97.55% 2.45%
9 State Bank of India 6.32 96.37% 3.63%
10 Bank Of Baroda 3.29 98.18% 1.82%
11 Karur Vysya Bank 3.25 95.31% 4.69%
12 EQUITAS SMALL FINANCE BANK 3.10 97.83% 2.17%
13 Yes Bank 2.72 99.87% 0.13%
14 IDBI Bank 2.05 96.37% 3.63%
15 Federal Bank 0.99 97.71% 2.29%
16 Union Bank of India 0.67 96.94% 3.06%
17 South Indian Bank 0.34 99.75% 0.25%
18 City Union Bank Limited 0.25 97.24% 2.76%
19 Punjab National Bank 0.17 95.27% 4.73%
20 Canara Bank 0.17 99.54% 0.46%
21 Indian Bank 0.13 95.08% 4.92%
22 AU Small Finance Bank 0.12 97.38% 2.62%
23 Saraswat Bank 0.10 98.03% 1.97%
24 Central Bank of India 0.08 95.52% 4.48%
25 Bank of Maharashtra 0.04 3.04% 96.96%
26 Karnataka Bank 0.03 50.92% 49.08%
27 Nagpur Nagarik Sahakari Bank Ltd 0.03 98.60% 1.40%
28 Jammu and Kashmir Bank 0.00 95.58% 4.42%
29 Fino Payment Bank 0.00 93.80% 6.20%
30 Indian Overseas Bank 0.00 85.01% 14.99%
31 Cosmos Bank 0.00 98.73% 1.27%
32 UCO Bank 0.00 97.03% 2.97%
33 Thrissur District Cooperative Bank (Kerala Bank) 0.00 94.47% 5.53%
34 Dombivli Nagari Sahakari Bank 0.00 84.80% 15.20%
35 Livquik Technology Pvt Ltd 0.00 42.22% 57.78%
36 Syndicate Bank 0.00 0.00% 100.00%
37 Punjab Maharashtra Bank 0.00 0.00% 0.00%
38 The Jalgaon Peoples Co-op. bank 0.00 0.00% 0.00%
NETC FASTag - Acquirer Banks (Oct'22)
NETC FASTag - Acquirer Banks (Oct'22)
Sr. No Acquirer Banks Total Approved Volume (in Mn) Approved % DECLINED
BD % TD %
1 IDFC Bank 111.90 99.94% 0.06% 0.00%
2 ICICI Bank 88.14 99.62% 0.25% 0.13%
3 Paytm Payments Bank 46.94 99.99% 0.01% 0.00%
4 Axis Bank 14.83 84.10% 15.90% 0.00%
5 HDFC Bank 7.25 99.73% 0.24% 0.03%
6 IDBI Bank 5.33 99.96% 0.03% 0.01%
7 State Bank of India 5.05 98.78% 1.22% 0.00%
8 Yes Bank 4.86 99.60% 0.35% 0.06%
9 Airtel Payments Bank 1.39 99.17% 0.83% 0.00%
10 KVB Bank 0.16 99.90% 0.10% 0.00%
11 Equitas Small Finance Bank 0.01 56.51% 43.49% 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.