The share of currency in circulation (CIC) in payment systems has declined from 88% in FY16 to 20% in FY22 and is estimated to go down further to 11.15% in FY27, the report said.from Economy-News-Economic Times https://ift.tt/zRbdYwy
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Monday, November 7, 2022
Currency in circulation dips in Diwali week: SBI Research report
The share of currency in circulation (CIC) in payment systems has declined from 88% in FY16 to 20% in FY22 and is estimated to go down further to 11.15% in FY27, the report said.from Economy-News-Economic Times https://ift.tt/zRbdYwy
via
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