Skip to content
The Mumbai

RBI's Polymer Currency May Have Same Dimensions As Regular Notes To Help Banks Avoid ATM Reconfiguration Costs

RBI's Polymer Currency May Have Same Dimensions As Regular Notes To Help Banks Avoid ATM Reconfiguration Costs
Photo: Free Press Journal · view original

The Reserve Bank of India (RBI) is planning a pilot rollout of polymer Rs10 and Rs20 banknotes from April 1, 2027, while retaining their existing dimensions to minimise ATM modification costs, Moneycontrol reported. The proposed approach would spare banks expenditure on replacing cash-dispensing...

Sources and story details