29
May
Rajeev Sharma :- The Reserve Bank of India (RBI) is actively considering the introduction of polymer-based plastic currency notes in the country as part of efforts to modernise the cash management system and reduce the rising cost of printing paper notes. The proposal was recently discussed during high-level board meetings held in Patna and Mumbai, with officials examining the long-term advantages of switching to more durable currency material. According to sources, the central bank may soon begin a pilot project to test plastic notes for public circulation. The move comes at a time when demand for physical cash continues to…