₹10 and ₹20 to be India's first polymer banknotes
The Reserve Bank of India's printing arm has invited global bids from manufacturers of polymer banknote substrate sheets. The first polymer (plastic) currency notes in India are likely to be introduced in the ₹10 and ₹20 denominations, marking a shift from paper-based notes for the lowest-value bills in circulation.
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Introduction of polymer currency and the specific denominations chosen — a factual economy question.
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- First polymer notes likely to be ₹10 and ₹20 denominations.
- RBI's printing arm has invited global bids for polymer banknote substrate sheets.
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