Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
- Posted on May 5, 2026
- By Business News Today
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- 1 min read
Cash is king again? India’s withdrawals surge 12% in early April, highest since post-demonetisation
The Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of more than 610 billion rupees in merely 15 days of April signals a transformative phase. Experts warn that this continuous cash demand surge may impact the liquidity framework of the banking system.
