RBI Polymer Currency Note Pilot Project
Sector: Currency and Banking Infrastructure • Location: India
Source: illustrated Daily News
The Reserve Bank of India is preparing to launch a pilot project to introduce polymer banknotes in India. The project aims to test polymer banknotes with enhanced durability and advanced security features, starting with ₹10 and ₹20 denominations. The pilot will evaluate the use of polymer currency to reduce replacement costs and improve security, with potential upgrades to banking infrastructure t
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | The Reserve Bank of India is preparing to launch a pilot project to introduce polymer banknotes in India. The project aims to test polymer banknotes with enhanced durability and advanced security features, starting with ₹10 and ₹20 denominations. The pilot will evaluate the use of polymer currency to reduce replacement costs and improve security, with potential upgrades to banking infrastructure to support the new currency. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
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Budget | 000000000000000 |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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