Cash Demand in India Hits Record Highs as Rural Spending and Inflation Strain Bank Liquidity

Currency in circulation in India surged by over 610 billion rupees ($6.40 billion) in the first 15 days of April, pushing the total to a record 42.3 trillion rupees, and a sustained pattern could impact liquidity, economists said.The spike, up 11.8% on-year and the highest since

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