Govt Clears RBI Pilot For Rs 10, Rs 20 Plastic Currency Notes

Notes Finance Ministry approves RBI’s proposal to issue one billion Rs 10 and Rs 20 polymer notes for field trials, with wider rollout contingent on the outcome.

The Government of India has taken the first step towards introducing polymer banknotes after the Finance Ministry approved the Reserve Bank of India’s proposal to issue one billion pieces each of Rs 10 and Rs 20 polymer notes for field trials.

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