Tag Archives: cash in circulation in India

Where can we find the excess cash?

None of us will forget 8th November 2016, the day Demonetization was announced by the Government. How much cash was in circulation during that time?  The Annual Report of RBI shows that the total currency (cash) in circulation was Rs.17,77,000 Crores. The latest report of RBI, published in November 2021 …

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