RBI Governor comments indicate India’s first polymer banknotes could be introduced by financial year 2027-28, according to reports referencing earlier information shared with NDTV Profit. The RBI Governor’s remarks are described as confirming a July 17 newsbreak, which cited official sources that outlined a first pilot rollout. Across the reporting, the focus is on the timeline for moving from pilot testing to a wider launch. The reports do not provide further operational details such as the number of denominations planned for the initial pilot, where the pilot would be conducted, or the readiness of printing and supply. They also do not offer information on expected implementation dates within FY28 or whether the launch would follow a staged rollout beyond the pilot. The key point stated by the sources and reiterated through the Governor’s comments is that polymer currency notes are likely to be launched by FY28, following an initial pilot phase.