Nearly 5 years since note ban: Cash with public rising, at all-time high.

Currency with public has continued to rise even five years after the government announced demonetisation on November 8, 2016.

With cash remaining the preferred mode of payment, currency with public for the fortnight ended October 8, 2021 stood at a record high of Rs 28.30 lakh crore — up 57.48 per cent, or Rs 10.33 lakh crore, from a level of Rs 17.97 lakh crore on November 4, 2016. Cash with public has shot up 211 per cent from Rs 9.11 lakh crore, recorded on November 25, 2016.