INDIA TO GET PLASTIC NOTES SOON: WHY THE MOVE IS IMPORTANT - EXPLAINED
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WHAT HAPPENED
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.
Times of India reports that 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 report adds: The step assumes significance because India has discarded around Rs 50 trillion worth of soiled notes in the last decade.
This is a developing report. DAMMNEWS will surface related coverage as closely matched reporting enters the live cache.
DAMMNEWS RSS BRIEFING — generated locally from the available Times of India headline and RSS excerpt. It is not a summary of the full source article.
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