India by the numbers

UPI network

Currency in circulation and

Currency in circulation and : ₹42.56 trillion on 18 September 2026

₹42.56 trillion (₹42.56 lakh crore) · $442 billion

Data through

Terms in this reading
UPI
The Unified Payments Interface, India’s shared network for instant payments between bank accounts. Definition and conventions

Notes

The table retains the source’s published periods. Missing observations are not zero and have not been interpolated.

Currency in circulation is a stock. transaction value is a flow of money moved and is not consumer spending. These measures have separate observation dates.

Dollar equivalents use the site’s reference rate of $1 = ₹96.32 on 2 October 2026, not historical exchange rates.

Publication cadence: Weekly and monthly, separately dated. Missing observations are not zero.

Currency in circulation

Currency in circulation
As ofIndian rupeesYoy
18 September 2026₹42.56 trillion (≈ ₹42.56 lakh crore) · $442 billion13.14%

data.indiadispatch.com

Monthly value moved

Monthly UPI value moved
PeriodValue moved
September 2026₹29.37 trillion (≈ ₹29.37 lakh crore) · $305 billion
August 2026₹29.82 trillion (≈ ₹29.82 lakh crore) · $310 billion
July 2026₹29.88 trillion (≈ ₹29.88 lakh crore) · $310 billion
June 2026₹28.92 trillion (≈ ₹28.92 lakh crore) · $300 billion
May 2026₹29.9 trillion (≈ ₹29.9 lakh crore) · $310 billion
April 2026₹29.03 trillion (≈ ₹29.03 lakh crore) · $301 billion

data.indiadispatch.com

Source: Reserve Bank of India and National Payments Corporation of India, India Dispatch Research

Cite this reading

India by the numbers, Currency in circulation and UPI, 18 September 2026. ₹42.56 trillion · $442 billion. Source: Reserve Bank of India and National Payments Corporation of India. https://data.indiadispatch.com/payments/cash-and-upi

Published content updated . This is separate from the source observation period.

All upi network data · All data · About the data

UPI: The Unified Payments Interface, India’s shared network for instant payments between bank accounts. Definition and conventions