Navya | Making Cancer Expertise Accessible & Affordable | Tata Memorial Centre

Cash Management refers to the process of collection, counting & counterfeit detection, reconciling, safe transit, deposit of cash. In a developing economy like India, most sectors such as Banking, Retail and Petroleum are cash intensive. Despite the stupendous surge in digital payments in past few years, cash usage has been increasing in absolute terms in India. According to recent data released by the Reserve Bank of India, the currency with the public has risen to Rs 29.90 lakh crore as on June 11, 2021.

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