Year, Month and Bank wise Top 50 Performing Remitter Banks in UPI Transactions

The data shows top 50 performing remitter banks in UPI transactions every month by measuring various aspects like td , bd ,approved percentage , total volume etc. Note: 1. Unified Payments Interface(UPI) is an instant real-time payment system developed by National Payments Corporation of India. The interface facilitates inter-bank peer-to-peer and person-to-merchant transactions. 2. Business declined (BD) - Transaction declined 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. Such declined transactions are termed as Business declined. Any declined which is not because of a technical reason of the bank or NPCI is termed as business declined. 3. Technical declined (TD) - Transaction declined due to technical reasons, such as unavailability of systems and network issues on bank or NPCI side. 4. Remitter Bank is a bank that sends the money.