India Retail Electronic Clearing: Value: Electronic Clearing Services: Credit Payment

India Retail Electronic Clearing: Value: Electronic Clearing Services: Credit Payment data was reported at 0.000 INR mn in May 2023. This stayed constant from the previous number of 0.000 INR mn for Apr 2023. India Retail Electronic Clearing: Value: Electronic Clearing Services: Credit Payment data is updated monthly, averaging 59,200.000 INR mn from Apr 2004 (Median) to May 2023, with 230 observations. The data reached an all-time high of 6,752,240.000 INR mn in Feb 2008 and a record low of 0.000 INR mn in May 2023. India Retail Electronic Clearing: Value: Electronic Clearing Services: Credit Payment 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.KAI008: Credit Transfer: Retail. 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.