India to get plastic notes soon: Why the move is important - explained | TheBriefWire
India to get plastic notes soon: Why the move is important - explained
Published 31 July 2026 ยท finance
RBI has already floated the tender to source materials for the polymer notes with its currency printing arm Bharatiya Reserve Bank Note Mudran Pvt Ltd
RBI has already floated the tender to source materials for the polymer notes with its currency printing arm Bharatiya Reserve Bank Note Mudran Pvt Ltd inviting global expressions of interest. The step assumes significance because India has discarded around Rs 50 trillion worth of soiled notes in the last decade.
Published: July 31, 2026 โข 5:56 PM IST ยท Updated: July 31, 2026 โข 6:32 PM ISTBy TheBriefWire Editorial Team
Key points
RBI has already floated the tender to source materials for the polymer notes with its currency printing arm Bharatiya Reserve Bank Note Mudran Pvt Ltd inviting global expressions of interest.
The step assumes significance because India has discarded around Rs 50 trillion worth of soiled notes in the last decade.