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- More Than 1 Crore Houses Sanctioned Under PMAY(U) Says Ministry of Housing & Urban Affairs
- Currency In Circulation Contracts Marginally On Weekly Basis
- Ministry of Road Transport & Highways Invites Public Comments For Mandating BS VI Level Emission Norms For Quadricycles
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The Reserve Bank Of India (RBI) reported that currency in circulation contracted by 0.6% on the week to stand at Rs 22.72 lakh crore trillion as on 20th Decenber 2019. The central bank noted further that the overall reserve money edged up marginally on the week to Rs 29.09 lakh crore.
Currency in circulation rose around 12% on a year ago basis compared to 19.6% surge at the same time last year. In the current fiscal, the currency in circulation has grown by 6.3% so far while the reserve money edged up by 5%.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
First Published: Fri, December 27 2019. 15:02 IST
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