Value of retail electronic clearing in India FY 2015-2022

Published by Sandhya Keelery, Aug 30, 2024
The value of retail electronic clearing in India in the fiscal year 2022 accounted for approximately 427 trillion Indian rupees. This was a significant increase in value from financial year 2015 in the country. The Indian digital payments market was estimated to reach the one trillion U.S. dollars mark by the year 2023.

Value of retail electronic clearing in India from financial year 2015 to 2022 (in trillion Indian rupees)

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Release date

September 2022

Region

India

Survey time period

FY 2015 to FY 2022

Supplementary notes

India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.

One Indian rupee is equal to 0.013 euros and 0.013 U.S. dollars (as of September 2022).

Values have been rounded.

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