Government's fact checking agency PIB Fact Check has said that there are no plans to withdraw paper currency notes or replace ...

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 ...

Central bank is studying polymer notes but social media posts saying that paper currency notes will be withdrawn soon are false, it says ...

As the shift to polymer currency is still under works, here’s looking at the four high-security facilities that currently ...

The move comes almost a decade after the central bank first floated the proposal to print plastic currency notes, as paper currency experiences a surge. The higher cost of printing paper currency and ...

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 ...

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 ...

Unlike paper currency, polymer notes are more durable and resistant to dirt and moisture, factors that are especially relevant in India's climate and usage conditions.

The 2016 Demonetisation move by the Modi government has completely changed the flow of the country’s financial system. Recently, the Reserve Bank of India’s Governor, Sanjay Malhotra, also made a big ...

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 ...