ERTF

Economic Research and Training Foundation

GROWING GAP BETWEEN PER CAPITA CURRENCY HOLDING WITH PUBLIC & PER CAPITA ATM WITHDRAWAL REVEAL INCREASED PRECAUTIONARY MOTIVE OF HOLDING MONEY

SBI RESEARCH

Currency in circulation (CiC), increased by 11.9% (vis-à-vis 6.1% last year), to reach the all-time high level of Rs 41.6 trillion during FY26, with an incremental growth of Rs 4.4 trillion, highest growth since the post-demonetisation in 2016, when it had increased by Rs 4.9 trillion.

Add a Comment

Recent Blogs

Insights into Wages, Skills, and Informal Employment through the Lens of PLFS 2025 report using unit level data for the first time

SBI Research

India’s labour force is undergoing structural transformation with share of agriculture in the workforce witnessing a modest 23%

UAE exit will weaken OPEC; may encourage others to follow

G. CHANDRASHEKHAR, Advisor, ERTF

>In recent years, the United Arab Emirates (UAE) has been consciously seeking to reduce its dependence on oil export revenue by d