1  North Eastern States excluding Assam was taken together as one entity and therefore only 23 States were compared for HDI ranking in the India Human Development Report 2011, Government of India. BIS central bankers’ speeches  3  Financial indicators The level of financial development is critical for driving higher economic growth.
A comparison between the two-and-a-half months duration prior to the lockdown from January 1 to March 16 and the period under lockdown from March 17 to May 31 indicates that the combined transactions of both PESONet and InstaPay rose by over 70 percent in volume and 42 percent in value. By contrast, the volume and value of check payments and ATM withdrawals declined.