Bank notes in circulation spiked by nearly 8% in value in FY23

Updated: 02 Jun 2023, 05:04 PM IST
TL;DR.

The total value of banknotes in circulation rose from 28.26 lakh crore in 2021 to 31.05 lakh crore to 33.48 lakh crore in 2023, an increase of 18.4% in two years and 7.8% in one year.

rupixen-_rupee-unsplash
First Published: 02 Jun 2023, 05:04 PM IST