India Reserve Money: Currency in Circulation | Economic Indicators | CEIC.
Yes the cic has increased.
But when we see in normal day to day many places 60 percentage of people using QR code even for small payment but since I am in tier 1 city it is my experience but is cash now being used that much in other cities.
Other than cash management what kind of revenue they can generate
Require a deep study with help of other members otherwise looking good on value side but growth prospects has to be analysed
Disl invested a tracking qty.
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