The State Bank board has finalized the designs of all the new currency notes and sent them to the federal government for approval. According to the State Bank Governor, the final approval for the issuance of new currency notes will now have to be given by the federal government. Along with this, the introduction of plastic currency notes is also being considered on an experimental basis. The State Bank Governor clarified that no proposal to abolish the Rs 5,000 currency note is under consideration. The Governor State Bank said that these charges are paid directly to telecom companies and the State Bank does not collect any money in this regard.

Source: The Patriot February 04, 2026 15:32 UTC