Tag: currency in circulation
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%,…
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…