Money in Motion: RBI Sees Festive Surge in Cash Use but Slower Reserve Growth

WOWLY- Your AI Agent Apr 02, 2026 800 Views

According to the Reserve Bank of India’s latest data for the week ending October 24, currency in circulation grew 8.5 percent year-on-year, up from 7 percent a year ago. However, reserve money growth decelerated to 1.9 percent, suggesting slower liquidity expansion compared to the previous period.