Year, Month and Bank wise IMPS Transaction Statistics - Total volume. Approved volume, Business Declined and Technical Declined volume

The dataset contains Year, Month and Bank wise IMPS Transaction Statistics - Total volume. Approved volume, Business Declined and Technical Declined volume Note: 1. Business Decline (BD) - Transaction decline due to a customer entering, 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. Such declined transactions are termed as Business Decline. Any decline which is not because of a technical reason of the bank or NPCI is termed as business Decline. 2. Technical Decline (TD) - Transaction decline due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side. 3. Deemed Approved (Pending Credit Confirmation for IMPS transactions) - Deemed Approved percentage indicates the total percentage of cases of the total transactions, where credit confirmations are not received online from the beneficiary banks for the credit. If the beneficiary account is not credited online, transaction would be manually processed by the beneficiary bank as per the extant RBI guidelines. 4. Beneficiary - The account holder who is receiving money.