Central Banking

Reserve Bank of India to trial ‘plastic banknotes’

rbi-tower
Reserve Bank of India

The Reserve Bank of India (RBI) will trial "plastic banknotes" in the coming year, the central bank revealed in its latest annual report, as it looks to update its currency and keep counterfeiters at bay.

This marks the climax of a long debate about the merits of printing on a plastic substrate – commonly referred to as polymer – in the country, which has intensified since Raghuram Rajan's appointment as governor last year.

Polymer is in the ascension. Central Banking understands there are 27

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: