BusinessPhoto: Hindu Business10 Years After Demonetisation: Cash Use Unchanged, Fake Notes Rise
Ten years after demonetisation, RBI data shows cash circulation remains largely unchanged, while counterfeit ₹500 notes detection has increased. Meanwhile, transactions via Unified Payments Interface (UPI) have steadily grown each year, including as a percentage of India's GDP, indicating a rise in digital payments despite persistent cash usage.
Hindu Business··New Delhi




