in5points
BusinessAsianet Newsable

RBI's currency arm seeks global bids for polymer banknote material

in5points
  1. RBI's currency printing arm BRBNMPL floated a global tender for polymer substrate to print new banknotes.

  2. The tender targets Rs 10 and Rs 20 denominations.

  3. It invites bids for 68,000 reams of opacified polymer substrate.

  4. Strict national security conditions are attached to the tender.