Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Premium

Macronomics: How Much Does India Use Cards Versus Cash? A Data Summary

Prepaid-Payment-Instruments-November-2016.png

How much of India's Liquid Wealth is in "Cash"? We all know that the demonetization drive has impacted India but let's take a look at some statistics today. How much of the Indian economy is cash? The real answer isn't actually known. So let's move to a different vantage point. Let's calculate India's liquid wealth, which is the amount of money that's "accessible" to us. The liquid money you have = the currency notes you own + whatever's . . .

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial