In financial year 2022, the payment banks in India incurred a net loss of 1.3 billion Indian rupees. The availability of limited operational space and the high initial cost of infrastructure resulted in a high operational expense, ultimately leading to a net loss.
Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees)
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Reserve Bank of India. (December 27, 2022). Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees) [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/
Reserve Bank of India. "Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees)." Chart. December 27, 2022. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/
Reserve Bank of India. (2022). Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees). Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/
Reserve Bank of India. "Net Loss of Payment Banks in India from Financial Year 2018 to 2022 (in Billion Indian Rupees)." Statista, Statista Inc., 27 Dec 2022, https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/
Reserve Bank of India, Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees) Statista, https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/ (last visited April 25, 2024)
Net loss of payment banks in India from financial year 2018 to 2022 (in billion Indian rupees) [Graph], Reserve Bank of India, December 27, 2022. [Online]. Available: https://www.statista.com/statistics/1253984/india-small-finance-banks-net-profit-by-sector/