1 Billion New ₹10 and ₹20 Notes Are Coming
#TheBharathSpeaksShowIndia is about to experiment with a completely different kind of cash.The Government has approved the RBI’s proposal for field trials of 1 billion polymer ₹10 notes and 1 billion polymer ₹20 notes. That means 2 billion polymer banknotes could enter the trial phase as India explores a more durable alternative to traditional paper currency.But what exactly are polymer banknotes? Why is India testing them? Are ₹10 and ₹20 paper notes going away? And could plastic currency eventually become a bigger part of everyday payments in India?In this episode of Bharath Speaks, we…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.