Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Initial Public Offering (IPO) Mandate Creation and Execution
High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2021 to till date on number of Initial Public Offering (IPO) Mandates which have been created and executed through Unified Payment Interface (UPI), along with percentage of transactions which have been approved, business declined (BD) and technical declined (TD)
Notes:
1. Mandate Creation means transactions where the customers have created a successful block of amount in the bank account for an IPO application
2. Mandate Execution means transactions where the customers have applied for an IPO and have been allotted shares for which the funds are debited from their applicant accounts
3. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
4. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc
Datasheet
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Sample from the dataset, for your reference.
Dataset - Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Initial Public Offering (IPO) Mandate Creation and Execution
Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Initial Public Offering (IPO) Mandate Creation and Execution
High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2021 to till date on number of Initial Public Offering (IPO) Mandates which have been created and executed through Unified Payment Interface (UPI), along with percentage of transactions which have been approved, business declined (BD) and technical declined (TD)
Notes:
1. Mandate Creation means transactions where the customers have created a successful block of amount in the bank account for an IPO application
2. Mandate Execution means transactions where the customers have applied for an IPO and have been allotted shares for which the funds are debited from their applicant accounts
3. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
4. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc
Rows: 6214
Columns: 10
Time period: 2021-22 to 2026-27
Last Updated: 21 October 2026
Data preview
fiscal_year
month
category
remitter_bank
total_volume
approved
bd
td
units
notes
2026-27
September
Mandate Creation
AU SMALL FINANCE BANK
333699
94.8
5.2
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
Axis Bank Ltd.
3003862
97.4
2.59
0.01
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
BANK OF BARODA
4779248
95.01
4.99
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
BANK OF INDIA
1798933
97.42
2.58
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
BANK OF MAHARASHTRA
335381
95.49
4.5
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
BEMP
154235
94.42
5.57
0.01
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
CANARA BANK
1290170
96.75
3.24
0.01
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
CENTRAL BANK OF INDIA
690906
92.44
7.56
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
CSB Bank Limited
7972
94.14
5.86
0
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
2026-27
September
Mandate Creation
Capital Small Finance Bank Ltd.
1963
96.23
0.87
2.9
total_volume in absolute number, approved in percentage, bd in percentage, td in percentage
The fiscal year for which the transaction data is recorded.
month
String
12
6214
The calendar month for which the transaction data is recorded.
category
String
2
6214
The type or category of UPI mandate transaction.
remitter_bank
String
179
6214
The name of the bank initiating the UPI mandate transaction.
total_volume
String
4653
6214
The total volume of UPI mandate transactions in absolute numbers.
approved
Float64
1628
6214
The percentage of UPI mandate transactions that were approved.
bd
Float64
1358
6214
The percentage of UPI mandate transactions related to 'bd' (business development or similar metric).
td
Float64
846
6214
The percentage of UPI mandate transactions related to 'td' (technical or similar metric).
units
String
1
6214
Specifies the units for the associated data, indicating whether it's an absolute number or a percentage.
notes
String
1
0
Additional notes or remarks related to the data.
Citation
National Payments Corporation of India. (2026). Digital Payments and Transactions: Year-, Month- and Bank-wise Volume and Performance of UPI Initial Public Offering (IPO) Mandate Creation and Execution [Data set]. Dataful. https://dataful.in/datasets/18247