There is a news that the Reserve Bank of India (RBI) is planning to introduce plastic currency notes next year on a pilot basis and improve security features to defeat the efforts of counterfeiters. It also aims to set up a national bill payments system that could eliminate middlemen and bring in efficiencies.
There is a news that tender bids have come for 1 billion notes. And pilot testing would be done in five cities including Shimla. Based on pilot testing, the currency will be introduced in 2015.
This is a news published in the Economic Times news paper. Read the full article.
There is a news that tender bids have come for 1 billion notes. And pilot testing would be done in five cities including Shimla. Based on pilot testing, the currency will be introduced in 2015.
This is a news published in the Economic Times news paper. Read the full article.
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