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Despite surge in digital payments, paper money circulation high
Cash use in India remains strong and currency in circulation has reached a record high despite the rapid rise in...
Cash circulation increasing substantially in India: RBI
Despite India being a leader in digital financial transactions, cash currency in circulation has more than...
Ex-CEA tweets why the move to withdraw 2000 notes is important
According to him, his first reason was that: "The Rs 2000 notes are not being used much as a medium of exchange. In...
'Cash in circulation has increased as economy grew in 6 years'
According to Reserve Bank of India (RBI) data, six years after the move to ban Rs 500 and Rs 1000 notes, currency in...
Demonetisation affected everyone, Chidambaram tells SC
He also pointed out that at the time of demonetisation the currency in circulation was Rs 17.9 lakh crore and today,...
Currency in circulation declines in Diwali week
The report said, "In a remarkable development, for the first time in 20 years, currency in circulation declined...
'Jump in digital slowed down growth of currency in circulation'
Ghosh said as percentage of gross domestic product (GDP), CIC was now at 11.8 per cent, less than 12.1 per cent in...
First in 20 yrs, currency in circulation dips in busy Diwali week
Innovations in technology have changed the Indian payment system over the years and the Indian cash-led economy now...
Cash crunch could be superficial, says SBI
New Delhi [India], Apr. 20 (ANI): The State Bank of India (SBI) on Thursday said that the current and sudden surge...
ToneTag's RetailPod looks to empower merchants, revolutionize...
New Delhi [India], Mar 6 (ANI): As RBI data reveals that currency in circulation is almost at pre-demonetisation...
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