Search For "cash in circulation"
Despite being leader in digital transactions, cash circulation increasing
Updated : 1 year, 6 months ago IST
Despite India being a leader in digital financial transactions, cash currency in circulation has more than doubled over the last eight years. As per Reserve Bank of India (RBI) data, since the demonetization of Rs 1000 and Rs 500 notes in 2016, the currency in circulation has increased su
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This will not affect common man: Ex-CEA on Rs 2000 note withdrawal
Updated : 2 years, 10 months ago IST
According to the former CEO, the 2000 notes are not in use in the everyday life of the common people and its cash in circulation is only 10 per cent. "Secondly, most of the common people do digital transactions," Subramanian said.
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Cash in circulation has increased as economy grew in past six years: Exper
Updated : 3 years, 2 months ago IST
According to Reserve Bank of India (RBI) data, six years after the move to ban Rs 500 and Rs 1000 notes, currency in circulation increased by 83 per cent and the value of the currency in circulation as on December 23, 2022, stood at Rs 32.42 lakh crore.
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Liquidity surplus but contracts with gradual unlocking of economy: Ind-Ra
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 1 (ANI): The system liquidity though still in surplus territory contracted to average Rs 3.5 lakh crore in July from above Rs 5 lakh crore in June, India Ratings and Research (Ind-Ra) said in its latest edition of credit market tracker.
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Digital payments get a boost; cheaper fuel, train tickets on digital trans
Updated : 8 years, 7 months ago IST
New Delhi [India], Dec 8 (ANI): One month after Prime Minister Narendra Modi announced demonetisation of high-value currency notes of 500 and 1,000 which accounted for 86 percent of the cash in circulation, Finance Minister Arun Jaitley on Thursday announced various discounts on digital paym
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