RBI will continue to meet the country's currency needs: Governor Malhotra
The value and volume of banknotes in circulation increased by 6.0 per cent and 5.6 per cent, respectively, during 2024-25
 "RBI will continue to meet the country's currency needs: Governor Malhotra")
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank would continue to supply currency notes to meet the country’s demand.
The total value of currency notes in circulation stood at ₹36.87 trillion at the end of March 2025, compared to ₹34.78 trillion a year earlier. In volume terms, the number of banknotes increased to 155 billion pieces of notes from 146 billion.
During 2024-25, the value and volume of banknotes in circulation rose by 6.0 per cent and 5.6 per cent, respectively.
Responding to a question on the availability of small-value currency notes, Malhotra said, “We are very conscious of the needs for currency. We provide all currencies, whether short denomination or higher denomination.”
“There is a review which we regularly do and basis that the printing, management and circulation thereof is ensured and we will continue to provide whatever are the currency needs of the country including small currency notes,” he added.
Among small-value notes, the RBI is no longer printing banknotes of denominations of ₹2 and ₹5.
In volume terms, ₹500 denomination notes accounted for the largest share of banknotes in circulation at 40.9 per cent, followed by ₹10 notes at 16.4 per cent. Lower denomination banknotes – ₹10, ₹20, and ₹50 — together constituted 31.7 per cent of the total banknotes in circulation by volume.