March 23, 2017

Coming soon:New 10 rupee notes made of plastic polymer

These notes are smaller and stronger than the cotton-based paper notes and have more security features as well.

After doing away with a huge section of India's currency during the recent demonetisation, the Reserve Bank of India (RBI) is now planning on introducing a new Rs 10 currency note. The new Rs 10 bank notes will be a polymer-based to make it more durable and harder to counterfeit. It will be introduced after conducting a five-city trial of the note.
The older versions of the Rs 10 notes will not be scrapped.

The trials for a billion 10-rupee plastic notes would be conducted in the following five cities due to their geographical and climatic diversity:

  • Kochi
  • Mysore
  • Jaipur
  • Shimla
  • Bhubaneswar

No comments:

Post a Comment

Recent Posts

FSSAI bans stapler pins in tea bags from January 2018

The Food Safety and Standards Authority of India ( FSSAI ) has banned the use of stapler pins in tea bags from January 2018. FSSAI ban orde...