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CURRENCY LEAKAGE
Currency in circulation grows 2.4% on year till May 2, shows RBI dataDespite the rise of digital payments, currency in circulation in India has increased, driven by strong rural demand and agricultural output...14 May, 2025, 12.39 AM IST- Banking Liquidity will come into a strong surplus by March end: UBI reportIndia's banking sector liquidity is expected to shift to a strong surplus by March 2025 due to the Reserve Bank of India's Rs 1.9 lakh cror...07 Mar, 2025, 02.35 PM IST
- Rs 60,000 cr bond purchase among RBI's measures to boost liquidity into systemThe Reserve Bank of India (RBI) announced measures to inject Rs 1.5 lakh crore into the banking system, including bond purchases and auctio...27 Jan, 2025, 10.05 PM IST
- Cash spending during elections 22 per cent higher this timeIncremental currency in circulation since the election commission announced the election date in March till the last phase of election at R...12 Jun, 2024, 09.37 PM IST
- India's transaction trends: ePayment riches leave circulation of currency poorerIndia's transition to digital payments is effectively curbing the traditional outflow of currency from its banking system, as evidenced by ...09 May, 2024, 05.30 AM IST
- Hard cash refuses to fold as poll fever pushes demand upThis fiscal year has thrown up unusual trends as currency leakage — measured through the increase in currency in circulation — plunged for ...01 Feb, 2024, 12.47 AM IST
- RBI likely to have rolled over a part of $5-billion forex swap to boost liquidityOn April 28, 2022, the RBI concluded a sell-buy foreign exchange swap under which banks bought US Dollars from the central bank and simulta...24 Oct, 2023, 12.54 AM IST
- Pakistan rupee set to become top performing currency globallyThe rupee surged almost 6% in September, a remarkable feat as most currencies including the Thai baht and South Korean won tumbled against ...28 Sep, 2023, 04.33 PM IST
- RBI says 88 pc of Rs 2,000 notes returned to banksAs on July 31, about Rs 3.14 lakh crore worth of notes were recalled, the Reserve Bank of India (RBI) said, having announced the withdrawal...02 Aug, 2023, 12.38 AM IST
- Cash in circulation now more than pre-demonetisation levelThe acceleration of CIC since late-2017 has resulted in leakage of liquidity from the banking system.12 Feb, 2019, 05.23 PM IST
- Impact of tighter financial conditions yet to be seen: Sonal Varma, NomuraRBI will need to be a lot more proactive in injecting durable liquidity going forward, says Nomura MD05 Dec, 2018, 03.00 PM IST
- Government panel examining various aspects of virtual currenciesRBI Governor Urjit Patel earlier this month had informed a parliamentary panel that it is keeping a close watch on transactions involving c...28 Jul, 2017, 03.51 PM IST
- How dirty cash may have dodged government: We have picked up some ideasWhile investigating agencies are yet to identify the exact points of such cash leakages, ET looks at potential points from where cash could...16 Dec, 2016, 08.42 AM IST
- Cash seizures: This is how the notes are getting leaked out of the systemOver the past few weeks, the income-tax department has made seizures of new currency notes worth lakhs in raids on several individuals acro...15 Dec, 2016, 11.08 AM IST
- Demonetisation: Opposition parties to bring adjournment motion in Lok SabhaThey said it is also to express concern over the "leakage" of the decision to scrap Rs 500 and Rs 1,000 notes.16 Nov, 2016, 02.42 PM IST
- Let us discuss transparency in election funding: PM Narendra ModiModi underlined that the issue of holding simultaneous Lok Sabha and state elections as well as state funding of elections.16 Nov, 2016, 01.31 AM IST
- Bengal BJP deposits money just hours before currency ban announcement; CPM alleges tip-offCPM alleges leakage of Modi's note scrapping decision as Bengal BJP deposited Rs 1 crore at a nationalised bank just hours before the PM's ...11 Nov, 2016, 05.42 PM IST
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