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Plastic Banknotes

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 govt's nod to issue ₹10, ₹20 polymer banknotes
Updated On : 27 Jul 2026 | 11:59 PM IST

RBI's currency printing arm invites bids for polymer note material

The move marks India's first formal procurement step towards polymer banknotes, though the Reserve Bank of India has not announced denominations or a timeline for their introduction

RBI's currency printing arm invites bids for polymer note material
Updated On : 18 Jul 2026 | 2:20 PM IST

Proposal for polymer banknotes under consideration: RBI Governor Malhotra

RBI Governor says the central bank is assessing the merits and challenges of polymer banknotes even as cash usage and currency circulation continue to grow

Proposal for polymer banknotes under consideration: RBI Governor Malhotra
Updated On : 05 Jun 2026 | 11:31 PM IST

Best of BS Opinion: Why India must leave retrospective taxes behind

From retrospective taxation and quality reforms to polymer notes, exam glitches and middle-class stress, today's opinion pages examine key policy challenges

Best of BS Opinion: Why India must leave retrospective taxes behind
Updated On : 02 Jun 2026 | 6:15 AM IST

Plastic currency: Switching to polymer bank notes can help manage costs

Polymer notes are made of a thin plastic substrate that is more resistant to moisture, dirt and tearing

Plastic currency: Switching to polymer bank notes can help manage costs
Updated On : 01 Jun 2026 | 10:33 PM IST

Govt to conduct field trial of plastic banknotes

Rs 10 notes to be tested in 5 places, amid complaints of fake Rs 500 and Rs 2,000 notes

Govt to conduct field trial of plastic banknotes
Updated On : 18 Mar 2017 | 1:56 AM IST