The detected counterfeit notes in the Rs 500 denomination rose over 20 per cent during the fiscal year, the RBI said.
In 2012, the then UPA govt had approved a field trial involving one billion pieces of Rs 10 polymer banknotes across five ...
India may soon get plastic currency notes. The RBI is reportedly preparing a polymer banknote pilot project as printing costs ...
Indian Rupee Update: In light of rising cash demand and the increasing cost of printing currency, the RBI is considering the ...
The Reserve Bank of India (RBI) is set to introduce polymer banknotes to address the rising demand for currency, improve ...
The Reserve Bank of India reports a 5.7% increase in counterfeit currency detection in FY26, primarily involving Rs 500 and Rs 20 denominations. A total of 2,29,746 fake notes were identified, with ...
As of late May 2026, the Reserve Bank of India is revisiting its plan to launch a pilot project for ‘Polymer banknotes’, marking a cautious yet potentially transformative step in the modernization of ...
The Reserve Bank of India is reviving plans to introduce polymer banknotes, with a pilot project likely soon amid rising cash ...
The RBI plans to launch cross-border digital rupee pilots with Singapore and the UAE while expanding domestic CBDC use, even ...