India Retail Electronic Payment: Value

India Retail Electronic Payment: Value data was reported at 23,181,829.042 INR mn in Oct 2019. This records an increase from the previous number of 22,012,660.162 INR mn for Sep 2019. India Retail Electronic Payment: Value data is updated monthly, averaging 3,326,320.000 INR mn from Apr 2004 (Median) to Oct 2019, with 187 observations. The data reached an all-time high of 29,481,301.495 INR mn in Mar 2019 and a record low of 71,152.100 INR mn in May 2004. India Retail Electronic Payment: Value data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Monetary – Table IN.KAI038: Retail Electronic Clearing (Discontinued). The spike observed in February 2008 is due to high value of refunds in the Initial Public Offering (IPO) segment from ADAG Group - Reliance Power, which is one of the largest IPO.