New Delhi: The Reserve Bank of India (RBI) is considering a proposal to introduce polymer or plastic currency notes, though no final decision has been taken yet, Governor Sanjay Malhotra has confirmed ...

The 2016 Demonetisation move by the Modi government has completely changed the flow of the country’s financial system. Recently, the Reserve Bank of India’s Governor, Sanjay Malhotra, also made a big ...

India could soon witness a major transformation in its currency system as the Reserve Bank of India (RBI) has revived its long-pending proposal to introduce plastic currency notes in the country. The ...

India is set to introduce polymer banknotes, starting with low-denominations, according to multiple reports. Indian and overseas companies are bidding to supply the specialised polymer substrate which ...

Kathmandu, March 26 (IANS) The Reserve Bank of India (RBI) will allow exchange of up to Rs 4,500 in banned Indian currency notes to each Nepali national, a visiting team of the Indian central bank ...

Mumbai: In what could be a bizarre situation, the Reserve Bank Of India (RBI) does not seem to have any official records to prove that it had authorised the issue of new currency notes in ...

India is about to test whether its smallest currency notes can be made to last longer. The government has approved an RBI trial of 100 crore polymer notes of ₹10 and ₹20 denominations each. The idea ...