RBI finds cash demand harder to predict as digital payments grow
2 sources·Updated August 18, 2026
Covered by 2 sources
- Deccan Chronicle Ent·11h agoMumbai: Cash In Circulation Has Not Declined Despite Rapid Growth In Digital Payments: RBI Deputy Governor Murmu
The ‘Cash Paradox’ makes future demand harder to predict: Shirish Chandra Murmu
Read at Deccan Chronicle Ent → - ET Markets·16h agoRBI finds cash demand harder to predict as digital payments grow
RBI faces challenges forecasting demand for banknotes as currency in circulation continues to grow at double-digit rates despite rising digital payments. Deputy Governor SC Murmu said cash remains widely used, particularly in rural areas, among low-income groups and small…
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