New Delhi: Apart from UPI Transactions Soar 70 times in the last 4 years, cash is still a king in India because people began to hoard cash for emergency purposes due to uncertainty of pandemics in the past two years.
The total value of cash in the circulation almost touched RS 29 Lakh Crore this year.
Data from the Bank of India’s backup shows cash in the circulation has touched RS 28.26,863 Crore, an increase in value of 16.7 percent compared to RS 24,20,975 crore in 2020.! Function (“strict”; window.addeventlistener (“message”, (function (e) {if (void 0! == e.data [“datawrapper-height”]) {var t = document.queryselectoread (“iframe”) ; for (var a in e.data [“datawrapper-height”]) for (var r = 0; r
Cash circulation touches RS 29L CR despite a digital payment surge
