RBI Prepares To Introduce Polymer Rupee Notes That Could Last 3-4 Times Longer
Highlights Updated News Reserve Bank of India is reportedly preparing to introduce polymer-based rupee notes in India, marking what could become the biggest transformation in Indian currency design since the post-demonetisation banknote overhaul in 2016. According to reports, the move is being considered due to rising cash circulation across the country and the growing cost of maintaining the current cotton-fibre…