India has decided to trial the use of plastic notes across the five cities of Kochi, Mysore, Jaipur, Bhubaneshwar and Shimla. 1 billion plastic bank notes of the 10 rupee denomination will be circulated by the Reserve Bank of India (RBI) across these cities. This move is aimed at reducing costs, increasing the life of notes and combating counterfeit currency.
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05-Apr-13 
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