Currency in circulation during Diwali dips 2nd time straight in 20 yrs
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
Dip attributed to changing payment system, including the emergence of UPI, wallets & QR code, which has made it simple and cheaper to transfer money digitally
The value of ₹2000 banknotes in circulation is ₹0.84 lakh cr, and percentage of ₹2,000 in total banknotes in circulation is 2.51%, says the minister