RBI to trial ₹3,000 crore of polymer ₹10 and ₹20 notes across five cities
The RBI will issue 100 crore polymer notes each in ₹10 and ₹20 denominations for a field trial in Kochi, Mysuru, Shimla, Jaipur and Bhubaneswar. The notes will circulate alongside paper currency; broader issuance will depend on trial results.
RBI will trial 100 crore polymer notes each in Rs 10 and Rs 20 denominations, valued at Rs 3,000 crore. The notes will circulate alongside paper currency, with no plan to replace paper notes; wider issuance depends on trial results.
Why this matters
The trial follows recent signals that India cleared ₹10 and ₹20 polymer-note trials and planned regular issuance, while another signal detailed RBI's five-city ₹3,000 crore pilot.
Omni-channel is steady, with 1,612 signals recorded in the past 90 days; no QoQ figure was provided.