Currency Notes

Industry

Bankers brace for upfront cost on ATM cassettes as RBI pushes polymer notes

The RBI is testing polymer banknotes in Indian conditions with the aim of rolling them out by 2027-28.

2 min read11 Aug 2026
News

RBI plans to roll out polymer banknotes by FY28

Pilot underway to test durability and security under Indian conditions.

3 min read5 Aug 2026
Economy

India to get 'plastic notes'? RBI considers decade-old plan. What are polymer banknotes and are they better than paper?

Reserve Bank of India is reportedly reviving a decade-old plan to introduce polymer banknotes, with a pilot project expected soon. Here is what plastic currency is, why the RBI wants it and which countries already use it.

4 min read29 May 2026
News

'Huge revenue loss’: SC says over claim of rodents damaging seized cash in Bihar corruption case

The Supreme Court expressed surprise over currency notes seized in a Bihar corruption case reportedly being destroyed by rodents. The court highlighted this as a significant revenue loss for the State while granting bail to a convicted woman appealing her sentence.

2 min read25 Apr 2026
Industry

Has RBI asked banks to stop disbursing ₹500 notes from ATMs by September? Here's the truth

The Indian government issued a clarification fact-checking a message floating around social media, on 12 July 2025, that the RBI asked banks to stop disbursing ₹500 notes from ATMs by September 2025.

2 min read13 Jul 2025