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The Economic Times
The Economic Times
National

RBI working to give banknotes in your pocket a longer lease on life

The Reserve Bank of India is exploring ways to extend the life of banknotes, according to the central bank’s monthly bulletin released on Tuesday.

RBI Deputy Governor Shirish Chandra Murmu said the central bank is examining measures including surface coatings on banknote substrates and the use of polymer notes for lower denominations.

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