India to get its first plastic notes next year: RBI governor shares timeline, explains benefits

Aug 5, 2026 - 14:30
India to get its first plastic notes next year: RBI governor shares timeline, explains benefits

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The government has authorised the Reserve Bank of India to print up to 2 billion polymer (plastic) notes - 1 billion each in the Rs 10 and Rs 20 denominations for field trials. At present, there is no proposal to replace paper currency entirely.

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