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Cash is king again India withdrawals jump 12% in April to highest since demonetisation
Economy
Published on 5 May 2026
Currency in circulation spikes by Rs 610 billion in 15 days
India’s currency in circulation has surged to 42.3 trillion rupees, rising by more than Rs 610 billion in just 15 days of April. Withdrawals are up 12% in early April, the highest since the post-demonetisation period, raising alarms that persistent cash demand could strain banks’ liquidity conditions and affect monetary operations.
- Currency in circulation hits 42.3 trillion rupees in April
- Withdrawals rise 12% early April, highest since post-demonetisation
- Cash demand grew by over Rs 610 billion in 15 days
- Experts warn banking liquidity framework could be pressured
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times