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Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes
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The central bank will issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials before taking a call on their regular
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Reserve Bank of India gets govt's nod to issue ₹10, ₹20 polymer banknotes
The central bank will issue 1 billion each of ₹10 and ₹20 polymer banknotes for field trials before taking a call on their regular issuance.
Reserve Bank of India Gets Government Nod to Issue ₹10, ₹20 Polymer Banknotes
The Reserve Bank of India has received the government's nod to issue ₹10 and ₹20 polymer banknotes. This move is part of the central bank's efforts to reduce the country's dependence on paper currency and promote a more sustainable financial system. Polymer banknotes are more durable and resistant to wear and tear, making them a more environmentally friendly option. The RBI plans to introduce these new banknotes in the coming months.
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