ECONOMY: RBI To Pilot Polymer Banknotes For Durability, Cost Savings, And Security

The Reserve Bank of India is reviving its long-discussed plan to introduce polymer banknotes, beginning with a pilot project that will test ₹10 and ₹20 notes.These notes are expected to last longer, reduce replacement costs, and incorporate stronger anti-counterfeiting features, addressing the rising demand for cash despite digital payment growth.The Reserve Bank of India has decided to move
The Reserve Bank of India is reviving its long-discussed plan to introduce polymer banknotes, beginning with a pilot project that will test ₹10 and ₹20 notes.These notes are expected to last longer, reduce replacement costs, and incorporate stronger anti-counterfeiting features, addressing the rising demand for cash despite digital payment growth.The Reserve Bank of India has decided to move
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