Cash

India’s Cash in Circulation Hits Record ₹40 lakh Crore

India’s Cash in Circulation Hits Record ₹40 lakh Crore

India’s cash in circulation has reached a record ₹40 lakh crore as of January 2026, marking an 11.1% increase compared to the same period last year. The sharp rise underscores the continued importance of physical currency in India’s financial system, even as digital payments grow rapidly nationwide. Despite the increase in absolute cash levels, cash…