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Wednesday, November 18, 2009

NEFT Volumes January 09 to October 09

NEFT Volumes January 09 to October 09

Today’s post is regarding the NEFT  Volumes from Jan 09 to Oct 09.
Source-Reserve Bank of India website.

01) There has been a steady growth; through the growth was spectacular, in June and October Months.
02)                       June Month it could be due to the Dividend Distribution by companies.
03)                       October Month, not sure.
04)                       It would be nice if Reserve Bank of India, publishes the Number of Cash Transactions-Type 50 and also NEFT Credits to Credit Cards-Type 52.
Such data, might be useful, to increase the overall transactions.



NEFT Volumes Jan 09 to Oct 09
Month
No of Transactions
Increase over previous month
% Increase over previous month
Jan-09
3,198,764


Feb-09
3,300,290
101,526
3
Mar-09
4,030,747
730,457
22
Apr-09
3,920,380
-110,367
-3
May-09
3,601,280
-319,100
-8
Jun-09
4,480,887
879,607
24
Jul-09
5,068,311
587,424
13
Aug-09
5,198,659
130,348
3
Sep-09
4,928,763
-269,896
-5
Oct-09
5,924,831
996,068
20







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