According to an article on MoneyControl dated 26 August 2011, the Reserve Bank of India will introduce 100 crore (1 billion) polymer 10-rupee (US$0.20) banknotes on a trial basis. India has been contemplating such a test for several years now. No word yet on exactly when the polymer notes will
According to a Financial Chronicle article dated 23 May 2011, the Reserve Bank of India will soon issue new banknotes of all denominations with enhanced security features and the new currency symbol for the rupee. Although the date of intro of the notes hasn’t been revealed, newly designed coins with
Live Mint has posted an interesting article on banknote production in India.
On 15 July 2010, India’s Union Cabinet approved a symbol for the rupee which is a combination of the Roman “R” without the vertical stroke and the Devnagri letter “ra.” The symbol was designed by Bombay IIT postgraduate D Udaya Kumar. A finance ministry official said the government is not