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The Economic Times

Global Business / The Economic Times

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It's a revamp! RBI steps ahead on plan for plastic rupee notes

India's currency printing authority is now on the lookout for international suppliers of polymer banknote material, signaling a significant change from nearly a century of using paper notes. Bidders must adhere to strict security protocols and provide evidence of past collaborations with central banks. The Reserve Bank of India is considering polymer notes due to their durability, coinciding with a recent drop in currency printing costs.

18 Jul 2026 6:00 am