RBI Explores Shift to Polymer Currency Notes: A New Era for Indian Cash
Proposed Transition to Polymer Banknotes Reserve Bank of India (RBI) Governor Sanjay Malhotra confirmed on Friday that the central bank is actively evaluating a proposal to introduce polymer currency notes. Speaking to reporters, Malhotra emphasized that the initiative remains in its preliminary stages, with no definitive timeline or implementation plan currently finalized. The move comes…