Story thread · 5 reports / 4 sources

India may soon get plastic notes: Why they matter and what happens to paper money

timesofindia.indiatimes.com · 13dShare

The RBI has recently floated a tender to procure material for polymer banknotes, reviving a proposal that has been under consideration for nearly two decades. Polymer notes, which are produced using durable plastic film instead of paper, generally have a longer lifespan and require replacement less frequently because they are more resistant to wear and tear.

First report: Finance Ministry approves RBI proposal for ₹10, ₹20 plastic notes, pilot phase underway — businesstoday.in, 15d