The Reserve Bank of India plans to introduce polymer bank notes soon. It has already received government approval for field trials of new notes. These polymer notes will enhance durability for lower denomination currency, Guv Malhotra said.. Field trials will test performance in Indian climate and infrastructure conditions.

Plastic currency notes may enter circulation at the start of next financial year. The Reserve Bank of India is targeting this rollout after completing field trials. These…

India’s first plastic or polymer notes are expected to go into circulation at the start of the next financial year, RBI governor Sanjay Malhotra has said. Sharing an update on the…

RBI plans to launch durable polymer currency notes by early FY28, aims to enhance lower denomination efficiency, says Governor Malhotra.