The Reserve Bank of India has published the everyday settlement data of preferred payment systems for June 3 and June 4. The settlement data show the volume and significance of transactions undertaken in the payment systems by the Reserve Bank (Neft and RTGS) and the faculties provided by the National Payments Corporation of India (AePS, CTS, IMPS, and UPI). The new data also disclose the position of cash withdrawal transactions through ATMs and Banking Correspondents (BCs) on June 3 and June 4.
The gross value of cash withdrawal from ATMs on June 3 and 4 was Rs 4426.92 crore and Rs 4424.53 crore respectively. Cash withdrawn on AePS through micro-ATMs/BCs on both dates was Rs 668.88 crore and Rs 648.92 crore respectively. In contradiction, the value of transactions through RBI regulated RTGS and NEFT on 3rd June was Rs 3,30,632.89 crore and Rs 6,29,85.75 crore respectively. On June 4, these amounts were Rs 329072.45 crore and Rs 63148 crore respectively.
The value of payment transactions through NPCI operated UPI on June 3 was Rs 9622.38 crore, while on June 4, it was 9639.5 crore. The value of NPCI operated IMPS was Rs 7653.71 crore on June 3 and Rs 7705.89 crore on June 4.
In an official statement, RBI said “daily settlement data will be disseminated on the following working day. The data relating to transactions embarked during the day will be circulated on the next working day. Data relating to cards will be published once the daily reporting policies are in place. Till now, the complete payment system data was published monthly as part of the RBI Bulletin – Table 43 on Payment System Indicators,” RBI said.
RBI further added that daily reporting of payment transactions data is “expected to facilitate better research and also contribute to innovations in payment systems.” However, the monthly publication in the RBI Bulletin will also continue.