Data: Despite the Exponential Growth in Digital Transactions, Currency to GDP Ratio Remains High
By end of October 2022, RBI data shows that the value of ‘Currency in Circulation’…
Browsing: Demonitization
Data: Share of ‘High-Value’ currency notes in the system back to Pre-demonetization levels
Making the economy a less-cash one and reducing the share of ‘high-value currency notes in…
Seizure of Fake notes: The number for ₹ 2000 decreases while for ₹ 500 increases
The NCRB’s ‘Crime in India’ report provides data on volume & amount of the fake…
Has Demonetization achieved its goal of less-cash Economy?
Has currency made a comeback into the economy? What is the currency in circulation &…
99.16% Demonetized currency returned to the system. ₹ 12977 Crore did not return
The RBI has finally finished counting & verification of all demonetized currency that returned to…
How much Currency is in circulation now?
One of the stated goals of demonetization was to reduce the amount of cash in…
The Demonetization Numbers – Share of Currency in Circulation
As on March 31st 2016, the total currency in circulation was Rs 16.41 lakh out…
The Demonetization Numbers – Number of Fake New Notes Detected
Even the new Rs 500 and Rs 2000 notes could not escape the scourge of…
The Demonetization Numbers – Number of Fake Old Notes Detected
The number of fake currency notes (old Rs 500 & Rs 1000) detected increased to…
The Demonetization Numbers – Expenditure Incurred on Printing Notes
The cost of printing currency notes increased significantly in 2016-17 because of the introduction of…
