Plastic notes in India get a likely release date
Reserve Bank of India Governor Sanjay Malhotra announced that plastic currency notes could be introduced at the beginning of the next financial year, pending successful field trials. The RBI aims to circulate polymer notes to enhance durability, particularly for lower denominations like ₹10 and ₹20, which wear out quickly. The government approved one billion pieces for trials, with regular issuance contingent on their success.