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The Social Lounge
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RBI planning to introduce plastic currency notes next year
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<blockquote data-quote="blr_p" data-source="post: 1974458" data-attributes="member: 10952"><p>Interesting <a href="http://daily.bhaskar.com/news/BIZ-NEWS-rbi-to-issue-rs-10-plastic-bank-notes-in-5-cities-4206657-NOR.html" target="_blank"><u>bit</u></a> missing from the OP's article</p><p></p><p></p><p></p><p>All five cities are tier-2 & below towns.</p><p></p><p></p><p>Consider that notes dated befor 2005 are still legal tender till the end of this year. You can't change the currency of the entire country overnight. It will take years to phase in.</p></blockquote><p></p>
[QUOTE="blr_p, post: 1974458, member: 10952"] Interesting [URL='http://daily.bhaskar.com/news/BIZ-NEWS-rbi-to-issue-rs-10-plastic-bank-notes-in-5-cities-4206657-NOR.html'][U]bit[/U][/URL] missing from the OP's article All five cities are tier-2 & below towns. Consider that notes dated befor 2005 are still legal tender till the end of this year. You can't change the currency of the entire country overnight. It will take years to phase in. [/QUOTE]
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RBI planning to introduce plastic currency notes next year
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