Reserve Bank of India

The RBI is launching trials for polymer ₹10 and ₹20 notes to improve durability and security. While more expensive initially, these plastic banknotes last longer, reduce replacement costs, and will circulate alongside existing paper currency.

“The Indian [currency] rupee is “not overvalued” and could even be considered undervalued in both nominal and real effective exchange rate terms,” the RBI Governor said.

Bloomberg has retracted the article claiming that RBI sold gold worth $12 billion, because they used domestic price, while RBI uses London Bullion Market Association price.

With regulators launching dedicated platforms to trace unclaimed money in India, citizens can now locate dormant deposits, lost policies, inactive mutual funds and unclaimed dividends, helping families restore financial assets once believed to be permanently forgotten.