RBI to launch plastic Rs.10 currency

If you remember I have already posted about the Rs.10 plastic currency in India. This move by RBI is due to the increase number of fake notes in the country. As per the latest survey, in the recent times the fake notes have significantly increased in the market. To eliminate the fake notes, there should be proper mechanism for reducing the person who print the fake notes. Also RBI have talked about setting the ATMs with the fake note detectors.  Last week RBI announce that the Rs.10 notes will be released to the publicj very soon. Hope the new plastic notes will eliminate the fake notes.

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