Demand for cash increased by 7% since demonetisation: RBI
The demand for cash has increased by 7% since November 2016 when the government announced demonetisation, according to a report by the RBI. It reported that people's demand for cash stood at â¹18.25 trillion at the end of April, 2018 compared to â¹17 trillion at the beginning of November 2016. Notably, around 80% of Indians have a bank account now. 