Currency In Circulation

Currency in circulation slows down since May on spike in crude, RBI selling dollars: SBI research report

Currency in circulation increased from Rs 9 trillion in January 2017 to Rs 19.5 trillion as of 14 September this year. But since the beginning of May 2018, the same has been in the range of Rs 19-19.6 trillion, says the SBI Research report.

Currency with public doubles from demonetisation days: Why did Narendra Modi’s big gamble fail to dethrone the cash king?

Currency in Circulation totaled Rs 19.3 lakh crore as on 1 June. Remember, this figure had fallen to Rs 8.9 lakh crore in the aftermath of demonetisation

Note ban: Currency with public doubles from demonetisation low; hits record at over Rs 18 lakh cr

Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data

Currency supply normal across India; all ATMs functioning well, says Economic Affairs Secretary Subhash Garg

Government says ATMs across India are well stocked and there's no cash crunch. But there's no word on a reduction of excise duties on petrol and diesel.

Cash crunch: SBI doubting 'genuity' of problem is illogical; the currency shortage is not a made-up story

SBI's stand on the cash crunch disregards ground realities. The bank's economists are probably playing to the government's tune.

Cash crunch: How the Narendra Modi government and RBI imposed a currency crisis on Indians post demonetisation

Post demonetisation, the growth in currency in circulation has not kept up with the growth in India's nominal GDP.

Currency shortage: Printing presses operating 24x7, generating Rs 500, Rs 200 notes, says govt official

The government has ramped up printing of currency notes and is operating all the four presses 24x7, an official said on Thursday amid ATMs running dry in many parts of the country

ATMs run dry: Lessons learnt from demonetisation seem to be forgotten as cash becomes king again

People fear that cash is safer at home than in banks and this is further fueled by the string of scams and frauds that have hit banks

Govt says 'unusual demand' reason behind cash crunch, assures adequate supply of currency

As opposed to an average cash demand of about Rs 20,000 crore a month, "in the first 13 days of April itself there was a demand of Rs 45,000 crore

Where are Rs 2,000 notes? RBI may be holding them back or may have stopped printing, says SBI report

The government on 8 November last year had announced demonetisation of high value notes, Rs 500 and Rs 1,000, which together accounted for 86-87 percent of the currency in circulation.