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%, down from a pandemic high of 14.4% in March 2021. The decline in the cash-to-GDP Read More
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%, down from a pandemic high of 14.4% in March 2021. The decline in the cash-to-GDP Read More