Central bank is studying polymer notes but social media posts saying that paper currency notes will be withdrawn soon are false, it says ...

The Reserve Bank of India is considering introducing polymer currency notes, a move that could enhance durability and security. Governor Sanjay Malhotra stated the proposal is in its preliminary ...

The move comes almost a decade after the central bank first floated the proposal to print plastic currency notes, as paper currency experiences a surge. The higher cost of printing paper currency and ...

The unit further appealed to users to report suspicious content related to the Government of India to @PIBFactCheck.

India May Soon Get Plastic Currency Notes: In view of the surging demand for currency notes in recent years, the Reserve Bank of India (RBI) has revived its decade-old plan of printing polymer ...

Plastic Currency Notes: Amid the rapid rise of digital payments in the country, is the Reserve Bank of India (RBI) preparing to replace paper notes with plastic (polymer) ones? RBI Governor Sanjay ...

RBI is evaluating the introduction of polymer currency notes in India, reviving a proposal first tested over a decade ago. Learn what plastic banknotes are, their advantages, challenges, and why the ...

Government's fact checking agency PIB Fact Check has said that there are no plans to withdraw paper currency notes or replace them with plastic currency notes by June 30, 2026.

The Reserve Bank of India (RBI) is revisiting an ambitious strategy that could fundamentally alter how hundreds of millions of citizens handle their physical money. The central bank is reportedly ...

Countries that adopted polymer currency have reported lower fake-note circulation and improved durability. Australia, which ...

The RBI's annual report for FY25 showed that expenditure on printing paper currency notes rose to Rs 6,372.8 crore from Rs 5,101.4 crore in the previous financial year RBI mulls polymer notes to cut ...

In 2025, RBI junked 1.7 lakh damaged and soiled currency notes. Plastic notes – that last longer and are much more difficult to create fakes of – may be the solution The amount of cash in the Indian ...