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.
UPVOTERS
Community appreciation
See who found this content valuable and showed their support.
TOPICS
Explore the same topics
Discover more content from the topics this post is mapped to.
Keep browsing
Explore more from this topic
Dive into the full feed of curated posts covering Global Headlines.
Discussion
Break the silence
Take the opportunity to kick things off.