Home / News / India News / Article / Centre approves RBI trial of Rs 10 and Rs 20 polymer banknotes, paper currency to continue

Centre approves RBI trial of Rs 10 and Rs 20 polymer banknotes, paper currency to continue

Updated On: 28 July, 2026 07:05 PM IST | New Delhi | mid-day online correspondent

Instead, polymer notes will circulate alongside existing paper banknotes during the trial period. There is currently no proposal to replace paper currency completely with polymer notes

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The govt said the field trials are designed solely to evaluate the performance, durability and security of polymer notes before considering any future expansion. File Pic

The govt said the field trials are designed solely to evaluate the performance, durability and security of polymer notes before considering any future expansion. File Pic

The Central Government has approved the Reserve Bank of India's (RBI) proposal to conduct field trials of Rs 10 and Rs 20 polymer banknotes, the Finance Ministry informed Parliament on Monday.

The announcement was made by Minister of State for Finance Pankaj Chaudhary in a written reply in the Lok Sabha.

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