Public sector banks lead in ATM transactions; private banks dominate e-com payments

Public sector banks (PSBs) continue to command a dominant share in traditional cash-based transactions through ATMs and cash deposit machines (CRMs), while private sector banks maintain their stronghold in the digital payments space, particularly e-commerce, according to the latest data from Indus Equity.

- STATESMAN NEWS SERVICE

The report revealed that the total value of ATM and CRM transactions in May 2025 stood at ₹2.45 lakh crore, a decline from ₹2.63 lakh crore recorded in March 2025.

Of this, public sector banks accounted for a substantial 67.52 per cent share, up from 67.03 per cent in March. Private sector banks held 30.35 per cent of the market in May, down from 30.78 per cent in March, while small finance banks and others contributed 1.33 per cent and 0.79 per cent, respectively.