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RBI to release daily payments data to facilitate research

Additionally, the data will also include the withdrawals made at ATMs and cash availability with business correspondents.

, ET Bureau|
Last Updated: Jun 04, 2020, 06.13 PM IST
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Reuters
RBI.reuters
MUMBAI: The Reserve Bank of India on Thursday said that it will start publishing daily data transactional volumes of prominent payment systems such as RTGS, NEFT, IMPS, AEPS and UPI.

Additionally, the data will also include the withdrawals made at ATMs and cash availability with business correspondents.

“This initiative to disseminate payment systems activities data on a daily frequency is expected to facilitate better research and also contribute to innovations in payment systems,” the central bank said in a press release.

As per the first set of data published by the banking regulators for 3rd June, 4.3 lakh transactions worth Rs.3 lakh crore was transacted through RBI’s RTGS channel.

For National Payments Corporation operated UPI, a total of 4.5 crore transactions worth Rs.9600 crore was transacted whereas 95 lakh ATM withdrawals worth Rs.4400 crore were made on Wednesday.
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