Global Headlines

India may get plastic notes: Why they are being introduced & what happens to paper money

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.

robin rn

2h ago

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