Reserve Bank of India is considering a pilot project for polymer banknotes, citing longer shelf life, lower replacement costs and rising demand for cash despite the growth of digital payments ...

India may soon get plastic currency notes. The RBI is reportedly preparing a polymer banknote pilot project as printing costs rise and demand for cash continues to grow despite digital payments ...

RBI is evaluating the introduction of polymer currency notes in India, reviving a proposal first tested over a decade ago. Learn what plastic banknotes are, their advantages, challenges, and why the ...

Reserve Bank of India is reportedly reviving a decade-old plan to introduce polymer banknotes, with a pilot project expected soon. Here is what plastic currency is, why the RBI wants it and which ...

In 2012, the then UPA govt had approved a field trial involving one billion pieces of Rs 10 polymer banknotes across five cities ...

The Reserve Bank of India is reviving plans to introduce polymer banknotes, with a pilot project likely soon amid rising cash demand, soaring printing costs and concerns over durability of paper curre ...

As of late May 2026, the Reserve Bank of India is revisiting its plan to launch a pilot project for ‘Polymer banknotes’, marking a cautious yet potentially transformative step in the modernization of ...

In India, the discussion on polymer currency has been going on for nearly two decades.

Viral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Press Information Bureau's fact-check team has debunked these ...