Currency in circulation (CiC) in India has climbed to an all-time high of about ₹40 lakh crore as of the fortnight ended 31 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Currency in circulation, once the Fed's dominant liability, now comprises just 35% of assets due to the post-2008 quantitative easing expansion. Cash remains vital for daily transactions, especially ...

At current trends, currency with the public is likely to surpass the post‑pandemic FY21 incremental growth of Rs 4.6 lakh ...

Digital payments are rapidly increasing in the country, but cash usage is not far behind. The latest SBI Research report ...

Currency in circulation has (CiC) jumped even as UPI transactions have surged in the backdrop of higher withdrawals from ATMs in states such as Karnataka due to GST notices to small merchants and its ...

Despite a surge in UPI usage, currency in circulation hit a record Rs 40 trillion in January, even as the cash-to-GDP ratio declined, indicating GDP growth is less cash-financed, SBI said ...

India’s currency in circulation hits ₹40 lakh crore, while UPI transactions reach ₹28.3 lakh crore monthly. SBI Research notes digital payments are driving incremental GDP growth amid rising cash.

MUMBAI, June 8 (Reuters) - India's currency in circulation dropped for a second consecutive week after the central bank withdrew the country's highest value currency note in May, advising people to ...

India’s cash in circulation has hit a record Rs 40 lakh crore despite the rapid growth of UPI payments, according to an SBI research report. The rise is being driven by higher consumption, lower ...