RBI had found demonetisation proposal a ‘big opportunity’ to further financial inclusion by incentivising e-payments: Supreme Court

A five-judge Constitution bench of the Supreme Court amid pronouncement of its judgment on a batch of pleas challenging the Central Government’s 2016 decision to demonetise, in New Delhi on January 2, 2023 The majority judgment of the Supreme Court on January 2, 2023 details extensively the documents placed on record by the government to … Read more

Post demonetisation, notes in circulation on rise; so are digital payments

Five years after the demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes. Primarily, banknotes in circulation went up in the last financial year as many people opted for the precautionary holding of cash amid the Covid-19 … Read more