Real Time Gross Settlement transactions amounted to approximately 1.2 quadrillion Indian rupees in fiscal year 2022 across India. This was a decrease compared to nearly 1.3 quadrillion rupees in 2020. RTGS includes customer transactions, interbank transactions and clearing. It is mostly used for large value credit transfers. Thereby, RTGS transfers account for over 80 percent of the total value of digital transactions in the country.
Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022
(in trillion Indian rupees)
One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of July 2023).
Values have been rounded.
India's financial year begins in April and ends in March. For example, FY 2017 started in April 2016 and ended in March 2017.
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Reserve Bank of India. (December 27, 2022). Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022 (in trillion Indian rupees) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/
Reserve Bank of India. "Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022 (in trillion Indian rupees)." Chart. December 27, 2022. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/
Reserve Bank of India. (2022). Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/
Reserve Bank of India. "Value of Real Time Gross Settlement Transactions across India from Financial Year 2018 to 2022 (in Trillion Indian Rupees)." Statista, Statista Inc., 27 Dec 2022, https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/
Reserve Bank of India, Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/ (last visited November 12, 2024)
Value of Real Time Gross Settlement transactions across India from financial year 2018 to 2022 (in trillion Indian rupees) [Graph], Reserve Bank of India, December 27, 2022. [Online]. Available: https://www.statista.com/statistics/1245785/india-rtgs-transaction-value/