India to Introduce Plastic Banknotes Next Fiscal Year
The Reserve Bank of India (RBI) is preparing to launch plastic banknotes at the start of the next financial year. This initiative marks India's first introduction of plastic currency.
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India to get its first plastic notes next year: RBI governor shares timeline
The government has authorised the Reserve Bank of India to print up to 2 billion polymer (plastic) notes - 1 billion each in the Rs 10 and Rs 20 denominations for field trials. At present, there is no proposal to replace paper currency entirely.
By TOI BUSINESS DESK
Read full article →RBI set to launch ‘plastic’ notes at start of next financial year
By Akash Mandal
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