Demonetisation

RBI on demonetisation, decline in currency in circulation and surplus liquidity with banks

Newsroom24x7 Network Mumbai: Buoyed by festival demand and a bumper kharif harvest, a renewed pick-up in Currency in Circulation (CiC) was beginning to form in Q3-2016-17 when demonetisation abruptly stifled it. //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Underscoring this point with regard to the trickling down of CIC in the […]