As this usage is likely to continue for some time, there is a need to review the material used to make currency notes in India. Polymer cur...

The machines, for which the central bank has floated a global tender, is proposed to be installed at its 18 regional offices throughout the...

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

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.

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.

RBI has refused to comment on the report in UK’s Daily Mail in its online edition. Sources, however, said the report is not accurate.

The Reserve Bank of India will soon issue 100-crore polymer notes of Rs 10 denomination to improve their longevity and to thwart counterfei...

Government will introduce one billion (100 crore) polymer notes of Rs 10 in a bid to increase their lifetime.

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

The Reserve Bank of India (RBI) has managed to literally arrest the rise in prices it pays for printing money. And if per-unit printing cos...

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