Source - MINT 😁
The RBI is considering replacing India's paper currency with polymer (plastic) banknotes. RBI has been testing ₹10 polymer notes since 2012 in cities like Kochi, Jaipur & Mysuru. Polymer notes last 2.5x longer, are waterproof, harder to fake, and used in countries like Australia, Canada & UK. No official rollout date yet, but RBI is still evaluating cost & public feedback. Will India go cashless or plastic? Watch to know more.
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