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India 'banks' on cash as ATMs Withdrawals rise 235% since demonetization

According to the CMS report, the ATM cash withdrawals zoomed 235 per cent to Rs 2.84 lakh crore in March 2023 in a matter of 76 months after demonetization.

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Monthly ATM Cash Withdrawals With Debit Cards Surge Over 235 Report

In March 2023, there were withdrawals totalling Rs 2.85 trillion, as opposed to Rs 84,934 crore in December 2016

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