Volume Of Banknotes In Circulation Increased Over 5%; Rs 200 Notes Saw Highest Growth
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Volume Of Banknotes In Circulation Increased Over 5%; Rs 200 Notes Saw Highest Growth
The value and volume of banknotes in circulation increased by 6% and 5.6%, respectively, during 2024-25, according to the RBI annual report published on Thursday. During 2024-25, the share of Rs 500 banknotes at 86%, declined marginally in value terms. In volume terms, Rs 500 denomination at 40.9%, constituted the highest share of the total banknotes in circulation, followed by Rs 10 denomination banknotes at 16.4%. The lower denomination bankno…
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