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Cash to GDP ratio declines to 11.11%; cash in circulation at Rs 36.88 lakh crore: RBI annual report - MSNNEW DELHI: The value of banknotes in circulation to GDP ratio continues to see a decline as the same fell to 11.11% in FY25 compared to 11.5% in FY24, according to the RBI annual report. The value ...
The withdrawal of the ₹2000 note gained further momentum, with 98.2% of the ₹3.56 lakh crore originally in circulation returning to the banking system by March 31, 2025.
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