Summary of the Report:
HDFC Bank, State Bank of India,
ICICI Bank, Axis Bank remains top banks based on both inward and outward RTGS
transaction held in India in the month of Jan 2017. HDFC Bank has huge lead in
all RTGS transaction either it is inward or outward both by value and volume.
1. Top 20 Bank based on Inward RTGS Transaction by Volume
Among the 193 banks, HDFC Bank toped the inward RTGS transaction in India with 15.38% of total number of transaction, closely followed by State Bank of India with around 14.4% of total transactions.
Top 5 banks contribute to 46.33% of total inward RTGS transactions as per the data published in Reserve Bank of India.
2. Top 20 Bank based on Inward RTGS Transaction by Value
HDFC Bank tops the inward RTGS Transaction by value with clear domination of 21.60%. State Bank of India follows with just 9.60%, giving HDFC a huge lead.
Top 5 banks contribute to 52.75% of total inward RTGS transactions by value.
3. Top 20 Bank based on Outward RTGS Transaction by Volume
Among the 193 banks, HDFC Bank toped Outward RTGS transaction in India with 14.42%, followed by State Bank of India with 10.38% of total number of transaction.
Top 5 banks contribute to 41.02% of total outward RTGS transactions.
4. Top 20 Bank based on Outward RTGS Transaction by Value
Among the 193 banks, HDFC Bank toped outward RTGS transaction by value in India with 22.41% of total value of transactions held in Jan 2017.
Source: RBI
Tags: #instafinancials #top20 #banksinindia #InstaTop20
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