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NETC Ecosystem Statistics Archive

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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
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.