♦ The Reserve Bank of India (RBI) released it's Annual Report 2024-25 on 29 May 2025.

♦ It said that the Indian economy will retain its position as the fastest-growing major economy during 2025-26. 

Highlights:

♦ The growth of the currency in circulation, the major constituent of reserve money with a share of 76.9 percent, recovered to 5.8 percent during 2024-25 from 4.1 percent a year earlier because the impact of the withdrawal of Rs.2,000 notes had subsided.  

♦ The value of the e-rupee in circulation increased 334 percent during 2024-25.

♦ The value of banknotes in circulation increased by 6% in FY25 to Rs.36.88 lakh crore compared to Rs.34.78 lakh crore.

♦ Rs.500 notes dominated the currency landscape, accounting for 40.9% of all notes by volume and 86% by value, followed by Rs.10 notes in volume terms.

♦ Despite the rise in cashless payments, lower denomination notes like Rs.10, Rs.20, and Rs.50 still made up nearly a third of all notes by volume.