The Reserve Bank is considering the use of long-lasting and more durable plastics for printing currency notes, to replace paper notes that have a shorter life.
"The bank is deliberating upon the option of bringing in plastic currency which can be a mixture of paper, plastic and cotton," RBI deputy general manager (Chandigarh) Daljit Singh said.
RBI considering the 'plastic' for the use of printing currency!
Last updated: 19 August 2007
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
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