Currency Circulation

India's UPI network processes a record number of transactions every month. Yet cash in circulation continues to hit new highs.

Currency in circulation (CIC), in the fortnight ended April 10 stood at Rs 49,554.30 crore

The Rs 500 and Rs 2,000 bank notes constituted 82.2% of the total value of bank notes in circulation at the end of March 2019

Sitharaman said the notes in circulation had grown at an average growth rate of 14.51 per cent year-on-year since October 2014

Before demonetisation, the total currency with the Indian public was Rs 17.97 trillion

With weekly additions slowing, it's likely that demand could be slackening