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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 126.36 97.32% 2.09% 0.42% 0.17%
2 HDFC Bank 48.82 97.31% 2.38% 0.29% 0.02%
3 BANK OF BARODA 37.40 97.76% 2.08% 0.03% 0.13%
4 Punjab national Bank 35.74 97.21% 2.50% 0.15% 0.15%
5 Union Bank of India 33.23 96.26% 2.74% 0.49% 0.51%
6 Kotak Mahindra Bank 29.27 97.08% 2.11% 0.40% 0.40%
7 Canara Bank 24.85 97.14% 2.61% 0.16% 0.09%
8 ICICI Bank 21.12 94.82% 5.11% 0.04% 0.03%
9 Bank Of India 19.04 96.94% 2.97% 0.04% 0.05%
10 Indian Bank 17.63 97.69% 1.86% 0.21% 0.24%
11 Axis Bank 15.25 94.58% 5.22% 0.13% 0.08%
12 Airtel Payments Bank 14.53 96.93% 2.64% 0.23% 0.19%
13 Central Bank of India 14.11 96.56% 2.64% 0.35% 0.46%
14 Federal Bank 9.48 93.81% 6.09% 0.00% 0.10%
15 Fino Payments Bank 4.81 88.98% 10.94% 0.03% 0.06%
16 Indusind Bank 10.04 95.10% 4.74% 0.12% 0.04%
17 Indian Overseas Bank 7.48 96.77% 3.06% 0.05% 0.12%
18 IDBI Bank 6.77 96.23% 3.44% 0.13% 0.21%
19 Bank of Maharashtra 6.03 91.34% 4.00% 4.54% 0.13%
20 IDFC BANK 5.02 95.05% 2.41% 2.27% 0.28%
21 Bandhan Bank limited 4.87 94.65% 3.85% 1.24% 0.26%
22 Karnataka Bank 4.81 95.60% 3.76% 0.29% 0.34%
23 India Post Payments Bank Limited 9.08 94.00% 4.90% 0.74% 0.36%
24 Jammu and Kashmir Bank 4.77 96.87% 2.57% 0.48% 0.07%
25 Yes Bank Ltd 4.11 91.56% 8.22% 0.08% 0.14%
26 Karur Vysya Bank 3.66 96.67% 3.01% 0.12% 0.19%
27 The South Indian Bank 2.87 96.53% 3.41% 0.05% 0.01%
28 Baroda Uttar Pradesh Gramin Bank 2.75 95.32% 4.23% 0.28% 0.16%
29 AU Small Finance Bank 2.46 96.81% 3.13% 0.01% 0.04%
30 UCO Bank 2.36 94.33% 4.97% 0.00% 0.70%
31 Punjab and Sind Bank 2.25 90.12% 0.54% 4.17% 5.17%
32 Tamilnaad Mercantile Bank 2.13 96.70% 1.69% 0.73% 0.88%
33 FINCARE SMALL FINANCE BANK LTD 0.73 76.27% 23.66% 0.01% 0.05%
34 Equitas Small Finance Bank 2.02 94.66% 4.39% 0.88% 0.08%
35 Maharashtra Gramin Bank 1.90 92.42% 0.92% 5.61% 1.05%
36 Development Bank of Singapore 1.58 79.02% 20.93% 0.02% 0.03%
37 Ujjivan Small Finance Bank Limited 1.58 94.70% 5.16% 0.03% 0.11%
38 Citibank 1.44 96.82% 2.73% 0.42% 0.02%
39 Rajasthan Marudhara Gramin Bank 1.41 90.48% 1.90% 6.62% 1.00%
40 RBL Bank Limited 1.37 95.04% 4.47% 0.00% 0.48%
41 Madhya Bihar Gramin Bank 1.36 78.94% 19.63% 0.79% 0.64%
42 Saraswat Co-operative Bank 1.21 95.93% 3.01% 0.98% 0.09%
43 Karnataka Gramin Bank 1.14 97.15% 1.93% 0.76% 0.16%
44 Jio Payments Bank Ltd - IMPS 1.12 94.61% 4.58% 0.52% 0.30%
45 Andhra Pradesh Grameena Vikas Bank 1.06 88.10% 1.30% 8.37% 2.23%
46 Prathama U.P Gramin Bank 1.01 89.89% 6.07% 3.33% 0.71%
47 Kerala Gramin Bank -IMPS 0.96 96.16% 2.33% 1.23% 0.28%
48 Sarva Haryana Gramin Bank 0.94 92.12% 4.27% 2.97% 0.64%
49 Standard Chartered Bank 0.76 96.02% 3.71% 0.07% 0.20%
50 City Union Bank 2.05 92.25% 5.31% 2.16% 0.29%
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.