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RBI Invites Bids for Supply of Polymer Banknote Material

18 Temmuz 2026Bloomberg

India's Reserve Bank of India (RBI) is seeking bids from manufacturers for the supply of polymer substrate sheets designed for printing banknotes. These sheets will incorporate security features to enhance the integrity of the currency.
This move reflects India's ongoing efforts to modernize its currency and improve counterfeiting measures.
The transition to polymer notes has been observed in several countries as a response to the challenges posed by traditional paper currency. India’s initiative aligns with global trends aimed at enhancing the security and longevity of banknotes.
The RBI's decision to procure polymer banknote material indicates a strategic shift towards more secure currency options. Polymer notes are known for their durability and resistance to wear, which can ultimately lead to cost savings in the long run.

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This summary is based on information from Bloomberg and is intended for informational purposes only.