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Non-interest revenue
 12 Months Ended
Mar. 31, 2020
Non-interest revenue
20. Non-interest revenue
Revenue Recognition
Deposit related fees
Deposit-related fees consist of fees earned on consumer deposit activities and are generally recognized when the transaction occurs or as the service is performed. Consumer fees are earned on consumer deposit accounts for account maintenance and various transaction-based services, such as ATM transactions, wire transfer activities, check and money order processing, standing instruction processing, cash management services, etc.
Lending related fees
Lending-related fees generally represent transactional fees earned from certain loan related services, guarantees and letters of credit (LCs).
Third-party products related fees
Third-party products related fees consist of fees earned from distribution of third party products such as insurance and mutual funds.
Payments and cards business fees
Payments and cards business fees include fees earned from merchant acquiring business and on Credit, Debit, Prepaid
 
or Forex cards, among others. Cards business income includes annual and renewal fees, late and over-limit fees, currency conversion fees, as well as fees earned from interchange, cash advances and other miscellaneous transactions fees. Interchange fees are recognized upon settlement of the credit and debit card payment transactions and are generally determined on a percentage basis for credit and debit cards based on the corresponding payment network’s rates. Substantially all cards business related fees are recognized at the transaction date, except for certain time-based fees such as annual fees, which are recognized over 12 months. Payments business fees includes fees earned from merchants net of interchange expenses paid to issuing banks, rentals from point of sale machines and merchant service charges.
The table below presents the fees and commissions disaggregated by revenue source for the fiscal years ended March 31, 2018, March 31, 2019 and March 31, 2020.
 
Fiscal years ended March 31,
 
 
2018
 
  
2019
 
  
2020
 
  
2020
 
 
(In millions)
 
Deposit related fees
  Rs.
22,424.9
    Rs.
25,383.0
    Rs.
29,031.9
    US$
385.1
 
Lending related fees
   
31,791.6
     
30,176.2
     
30,699.9
     
407.2
 
Third-party products related fees
   
20,908.1
     
22,000.4
     
28,169.6
     
373.7
 
Payments and cards business fees
   
34,551.4
     
47,012.4
     
58,899.3
     
781.3
 
Others
   
10,384.9
     
9,583.2
     
13,298.8
     
176.3
 
                                 
Fees and commissions
  Rs.
120,060.9
    Rs.
134,155.2
    Rs.
160,099.5
    US$
2,123.6
 
                                 
The table below presents the fees and commission disaggregated by segment for the fiscal years ended March 31, 2018, March 31, 2019 and March 31, 2020.
 
Fiscal year ended March 31,
 
 
2018
 
  
2019
 
  
2020
 
  
2020
 
 
(In millions)
  
Retail Banking
  Rs.
110,927.2
    Rs.
123,070.6
    Rs.
146,855.7
    US$
1,947.9
 
Wholesale Banking
   
8,985.0
     
10,839.6
     
13,041.6
     
173.0
 
Treasury Services
   
148.7
     
245.0
     
202.2
     
2.7
 
                                 
Fees and commissions
  Rs.
120,060.9
    Rs.
134,155.2
    Rs.
160,099.5
    US$
2,123.6