Current Affairs Ranks & Reports

Mobile Banking Rank By SBI’s Annual Report: Paytm Tops By Volume And Axis Bank Tops By Value

Category : Ranks & Reports

 At 17.2%, Axis Bank commands the largest value share of mobile banking transactions but it’s Paytm that tops volumes with 22%. However, Paytm’s value share is a meagre 0.25%, according to State Bank of India’s (SBI) annual report for 2017-18 which has put out Reserve Bank of India’s data for January 2018. ICICI Bank has a 17.1% share of transactions by value and 9.7% by volume. SBI’s volume share has slipped by over 5 percentage points from nearly 25% at the end of March 2017 to 19.5% in January 2018.
Source- The Indian Express


You need to login to perform this action.
You will be redirected in 3 sec spinner