Page 5 - Tupi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The currency in circulation has more than doubled from Rs 13.35 lakh crore in March 2017 to Rs 35.15 lakh crore in end March 2024. Significantly the currency in circulation has happened despite the central bank deciding to withdraw the Rs 2000 denomination banknotes from circulation from May 2023 which resulted in the central bank getting 97.83 percent of Rs 3.56 lakh crore worth notes back to the banking system.

Top 7 news of April 29: Ola Cabs to lay off 10% employees. HD Kumaraswamy says JD(S) will suspend Deve Gowda's grandson Prajwal Revanna

A report by CMS Infosystems shows a 5.51% increase in monthly average cash withdrawals from ATMs in FY24, reaching Rs 1.43 crore. This growth highlights the continued reliance on cash transactions despite the rise of digital payments. Metro areas saw a significant 10.37% increase in cash withdrawals, while Karnataka led in withdrawals per ATM. The report also notes a rise in spending on media, entertainment, and FMCGs, indicating a positive trend in consumption.

The currency in circulation has more than doubled from Rs 13.35 lakh crore in March 2017 to Rs 35.15 crore in end March 2024. Significantly the currency in circulation has happened despite the central bank deciding to withdraw the Rs 2000 denomination banknotes from circulation from May 2023 which resulted in the central bank getting 97.83 percent of Rs 3.56 lakh crore worth notes back to the banking system.

BHUBANESHWAR: The East Coast Railway (ECoR) has taken a step to ease the process of purchasing tickets at small stations.