Volume of retail electronic clearing India FY 2015-2022

Published by Sandhya Keelery, Aug 30, 2024
The volume of retail electronic clearing in India in the fiscal year 2022 was estimated at approximately 58 billion. This was a significant increase from over one billion in fiscal year 2015. The Indian digital payments market was expanding drastically and was estimated to reach the one trillion U.S. dollar mark by the year 2023.

Volume of retail electronic clearing in India from financial year 2015 to 2022 (in billions)

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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.

Values have been rounded.

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