Tag: currency in circulation

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Posted in Economy

Cash craze: Currency in circulation touches record Rs 40 lakh crore

Currency in circulation (CiC) hit a record Rs 40 lakh crore in January, up 11.1% year-on-year, even as the cash-to-GDP radio fell to about 11.2%,…

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The government is planning to introduce ATMs that can dispense  ₹10,  ₹20 and  ₹50 currency notes and not just  ₹100 and  ₹500 notes. (Unsplash)
Posted in Business

Govt plans hybrid ATMs to dispense small notes amid UPI overdrive| Business News

The government is exploring multiple ways to push more small-denomination currency notes into circulation, at a time when UPI is increasingly making digital payments ubiquitous…

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