An increase in demand for banknotes, which had led to currency to gdp ratio rising to 12.1% from 11.7% in FY25, has been attributed to a `strong preference for cash’ among individuals and small merchants according to an RBI survey.

An increase in demand for banknotes, which had led to currency to gdp ratio rising to 12.1% from 11.7% in FY25, has been attributed to a `strong preference for cash’ among…

Fake currency detection in India increased in 2025-26. The Rs 500 note became the primary target for counterfeiters, showing a significant rise in fake detections. This trend…