The share of cash transactions at POS (Point-of-Sale) in India declined by ** percentage points between 2018 and the first quarter of 2025. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to a rolling 12-month share of respondents who indicated they used cash in a brick and mortar shop or whilst shopping online. In 2018, the share of respondents using cash transactions at POS (Point-of-Sale) stood at ** percent, which declined to ** percent in the first quarter of 2025. Moreover, during the same period, cash on delivery for online transactions fell by ** percentage points. On the other hand, in 2024, the share of respondents paying through cash paid in advance for online payments stayed the same.
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India Money Supply: Cash on Hand with Banks data was reported at 861,300.000 INR mn in Oct 2018. This records an increase from the previous number of 823,080.000 INR mn for Sep 2018. India Money Supply: Cash on Hand with Banks data is updated monthly, averaging 12,570.000 INR mn from Apr 1951 (Median) to Oct 2018, with 811 observations. The data reached an all-time high of 2,921,620.000 INR mn in Nov 2016 and a record low of 350.000 INR mn in Jul 1954. India Money Supply: Cash on Hand with Banks data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.KAA001: Money Supply.
After India declared demonetization of all 500 and 1,000 rupee notes in 2016, the currency in circulation had dropped to 13.35 trillion rupees in financial year 2017. However, the CIC increased rapidly to over 34 trillion rupees as of financial year 2024. The currency in circulation in a country is part of the total money supply chain, and it represents the physical cash that people might have in hand or stored in banks or other financial institutions.
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The USD/INR exchange rate rose to 86.1040 on July 18, 2025, up 0.07% from the previous session. Over the past month, the Indian Rupee has strengthened 0.69%, but it's down by 2.83% over the last 12 months. Indian Rupee - values, historical data, forecasts and news - updated on July of 2025.
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Money Supply M0 in India increased to 49621.32 INR Billion in May from 49099.34 INR Billion in April of 2025. This dataset includes a chart with historical data for India Money Supply M0.
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India Reserve Money: Currency in Circulation: ow Cash with Banks data was reported at 861,300.000 INR mn in Oct 2018. This records an increase from the previous number of 823,080.000 INR mn for Sep 2018. India Reserve Money: Currency in Circulation: ow Cash with Banks data is updated monthly, averaging 32,530.000 INR mn from Apr 1970 (Median) to Oct 2018, with 583 observations. The data reached an all-time high of 2,921,620.000 INR mn in Nov 2016 and a record low of 1,650.000 INR mn in Apr 1970. India Reserve Money: Currency in Circulation: ow Cash with Banks data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.KAB001: Reserve Money.
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India Reserve Money: Currency in Circulation data was reported at 38,407,811.323 INR mn in 09 May 2025. This records an increase from the previous number of 38,108,920.323 INR mn for 02 May 2025. India Reserve Money: Currency in Circulation data is updated daily, averaging 9,268,169.600 INR mn from Oct 1996 (Median) to 09 May 2025, with 1491 observations. The data reached an all-time high of 38,407,811.323 INR mn in 09 May 2025 and a record low of 1,273,747.200 INR mn in 01 Nov 1996. India Reserve Money: Currency in Circulation data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under High Frequency Database’s Monetary – Table IN.KAB001: Reserve Money.
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Cash Reserve Ratio in India remained unchanged at 4 percent on Wednesday April 9. This dataset provides the latest reported value for - India Cash Reserve Ratio - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
A report published by McKinsey suggests that the COVID-19 pandemic has had a lasting impact on the payment sector in India. Implementation of new government policies to protect its citizens and rapid change of consumer behavior have changed the business environment, regardless of their size. Even though the overall payment revenue in India has shrunk, the percentage of payment made with non-cash methods has increased. Various digital payment options have been implemented rapidly in India, including the central bank-backed Unified Payments Interface (UPI) and other private payment methods.
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Money supply, billion currency units in India, March, 2025 The most recent value is 272143.55 billion Indian Rupee as of March 2025, an increase compared to the previous value of 268520.8 billion Indian Rupee. Historically, the average for India from May 1998 to March 2025 is 90306.74 billion Indian Rupee. The minimum of 8476.97 billion Indian Rupee was recorded in May 1998, while the maximum of 272143.55 billion Indian Rupee was reached in March 2025. | TheGlobalEconomy.com
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India Cards: Volume: Credit Card: Usage at ATMs data was reported at 0.743 Unit mn in Mar 2025. This records an increase from the previous number of 0.684 Unit mn for Feb 2025. India Cards: Volume: Credit Card: Usage at ATMs data is updated monthly, averaging 0.548 Unit mn from Apr 2011 (Median) to Mar 2025, with 168 observations. The data reached an all-time high of 0.909 Unit mn in Oct 2018 and a record low of 0.170 Unit mn in Jul 2011. India Cards: Volume: Credit Card: Usage at ATMs data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under India Premium Database’s Monetary – Table IN.KAI020: Cash Withdrawal.
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Broad money (% of GDP) in India was reported at 82.1 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Broad money (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Graph and download economic data for Monetary Aggregates and Their Components: Broad Money and Components: M3 for India (MABMM301INM189N) from Jan 1960 to Sep 2023 about M3, broad, India, and monetary aggregates.
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State Bank of India reported 3.52T in Cash and Equivalent for its fiscal quarter ending in December of 2024. Data for State Bank of India | SBIN - Cash And Equivalent including historical, tables and charts were last updated by Trading Economics this last July in 2025.
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India - Value of withdrawals/deposits, cash withdrawals at ATMs
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India - Total banknotes and coins in circulation, banknotes and coins (or currency) in circulation outside banks
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Graph and download economic data for Indian Rupees to U.S. Dollar Spot Exchange Rate (AEXINUS) from 1973 to 2024 about India, exchange rate, currency, rate, and USA.
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Graph and download economic data for Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for India (CCUSMA02INM618N) from Jan 1957 to Jun 2025 about India, exchange rate, currency, and rate.
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Broad money growth (annual %) in India was reported at 11.3 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. India - Broad money growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
As of March 2025, the Bharat Interface for Money (BHIM) Unified Payments Interface (UPI) was the most used mode of digital payments in India, with a transaction volume of around *** billion transactions. National Automated Clearing House (NACH) followed with around ** billion transactions. The majority of the transactions across sectors such as online retail, food delivery, mobility, and e-health were made by UPI in the financial year 2023. What is BHIM UPI? BHIM is a mobile payment app developed by the National Payments Corporation of India (NPCI) based on UPI. It was launched in 2016, and it facilitates electronic payments directly through banks and promotes cashless payments. It allows users to send or receive payments using only a mobile number or UPI ID. As of June 2023, more than *** Indian banks had partnered with BHIM. Payment methods: a decade of transformation The last decade has witnessed a significant transformation in the payments landscape in India. In the early decade, methods such as cash and cheques were prevalent. However, with the advent of smartphones and internet connectivity, digital payment methods started gaining traction. The government’s ‘Digital India’ campaign further propelled this shift, aiming to create a ‘digitally empowered’ economy that is 'Faceless, Paperless, Cashless’. Several digital payment methods emerged in this decade. Credit cards and debit cards became widely popular due to their convenience, portability, and security features. The introduction of UPI served as a game changer in the payments industry by facilitating instant money transfers between any two bank accounts via a mobile platform.
The share of cash transactions at POS (Point-of-Sale) in India declined by ** percentage points between 2018 and the first quarter of 2025. This is according to two different questions asked throughout multiple surveys from Statista's Consumer Insights. The numbers shown here refer to a rolling 12-month share of respondents who indicated they used cash in a brick and mortar shop or whilst shopping online. In 2018, the share of respondents using cash transactions at POS (Point-of-Sale) stood at ** percent, which declined to ** percent in the first quarter of 2025. Moreover, during the same period, cash on delivery for online transactions fell by ** percentage points. On the other hand, in 2024, the share of respondents paying through cash paid in advance for online payments stayed the same.