November 22, 2024 05:27 (IST)
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Digital payments in India more than double since 2021, cash transactions fall

Digital payments in India more than double since 2021, cash transactions fall

New Delhi: Cash continues to account for 60% of consumer expenditure, though its share is steadily declining due to a post-Covid shift toward digital payments, as of March 2024, according to a study by a Reserve Bank of India (RBI) economist, reported The Economic Times.