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India's Central Bank Launches Tender for Plastic Currency Pilot, Bidding Deadline August 18

2026-07-19 12:01:24

According to Indian media reports, India's central bank subsidiary, the Reserve Bank's currency printing company, issued a tender for special materials needed to produce plastic banknotes, with a bidding deadline of August 18. The Reserve Bank of India plans to pilot the issuance of 10 and 20 rupee plastic notes, with potential rollout to higher denominations if the pilot succeeds.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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