The Reserve Bank of India (RBI) announced this week that the country will begin a trial period of introducing polymer banknotes in circulation in order to eliminate the backlog of unusable worn banknotes throughout India and to combat counterfeiting. The RBI says that India has seen a 95 per cent increase in counterfeit notes in [...]
On December 6, global banknote industry leaders will head to Washington, DC for Banknote 2009 – a four-day conference that brings together the public and private sectors to focus on emerging trends in the banknote industry. Though the Banknote conference began in 1998 as a specialty event focusing primarily on banknote substrates, it has become [...]
Ever wondered exactly what kind of security features are embedded in the cash you carry? If you live in India, you no longer have to wonder. The Reserve Bank of India (RBI) has posted a comprehensive list of security features on its Mahatma Gandhi Series banknotes on its website. The Gandhi Series has been in [...]