India Approves RBI Plan for Polymer Banknote Trials
India has approved Reserve Bank of India plans to test polymer banknotes in ₹10 and ₹20 denominations, with a pilot rollout of one billion pieces each valued at ₹3,000 crore. The Finance Ministry confirmed the trial on July 27, 2026, noting that paper currency will remain in circulation alongside the new plastic notes. The central … Read more