The Reserve Bank of India's plan to put in circulation Rs.10 plastic currency notes on trial basis will be delayed as the initial bids have failed to qualify the technical criteria and the whole process will start again, according to a functionary of the apex bank. "The selected bidders failed in meeting the technical specifications of the plastic banknotes in Rs. 10 denomination that RBI is proposing to introduce on a trial basis, necessitating undertaking the exercise afresh, thereby delaying the process," the senior RBI functionary said..........
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