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The Business Brief TUESDAY, 18 AUGUST 2026
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India’s Digital Payments Boom Fails to Dent Demand for Cash

1 source ·1 article ·1h ago

India’s rapid adoption of digital payments has failed to curb demand for cash, making it harder to predict how much currency will be needed, Reserve Bank of India Deputy Governor Shirish Chandra Murmu said.

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Bloomberg 1

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Bloomberg Markets ·1h ago

India’s Digital Payments Boom Fails to Dent Demand for Cash

India’s rapid adoption of digital payments has failed to curb demand for cash, making it harder to predict how much currency will be needed, Reserve Bank of India Deputy Governor Shirish Chandra Murmu said.