Plastic notes have an average life span of about five years and are difficult to imitate. Also, currency notes made of plastic are cleaner ...

Britain will have the first plastic banknotes next year when two million 5-pound notes will be issued by a Scottish bank.

This election a lot of the black money that changed hands may have been fake. But counterfeits may not matter to RBI in the larger scheme o...

RBI has finally floated a tender for plastic currency notes after years of deliberation. However,the tender is only for a pilot project.

From 2015, £5 notes will be issued in plastic, and the familiar paper stuff will be no more.

The minister said that RBI has also informed that the average life of a Rs 10 denomination bank note is about 9-10 months and its average c...

Polymer notes have relatively longer life compared to the prevailing paper banknotes and may help in checking counterfeiting.

Soiled notes may soon be a thing of past with the Reserve Bank planning to introduce Rs 10 polymer banknotes whose life span would be 4 tim...

RBI to introduce Rs 10 polymer banknotes whose life span would be 4 times the normal currency notes and would be difficult to imitate.

Banknotes are subjected to abuse and defacement to such an extent that ensuring supply of good quality notes is one of the biggest headache...