Cash is still king for Indians: Study2 min read . Updated: 19 Dec 2018, 07:20 PM IST
Cash usage recorded on the CMS cash index went up to 117 in October 2018, against 46 in December 2016
New Delhi: Cash usage by people of the country went up by around 10% over the last two years starting from October 2016, a study conducted by CMS Info Systems, India’s largest cash management company, said. Cash usage recorded on the CMS cash index was as low as 46 in December 2016, which went up to 117 in October 2018.
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