The initiative involves seeking security-enhanced polymer substrate suppliers while evaluating durability, cost, security features, and operational requirements before any final decision on replacing traditional paper currency.
The initiative aims to expand charging access, attract private investment, support electric vehicle adoption across sectors, reduce emissions, and strengthen the state's sustainable transport infrastructure.
The central bank also highlighted customer service, fraud prevention, digital initiatives, and operational efficiency while reviewing key financial sector developments with public and private sector lenders.
The upgraded platform will increase booking capacity, introduce features like seat preferences and fare comparison, and streamline reservations with a cleaner interface for millions of railway passengers.
The agreement will lower tariffs on several British products entering India while giving Indian exporters duty-free access to nearly the entire UK market, with phased tariff reductions on select goods.
The revised regulations expand disclosure requirements, introduce a two-year cooling-off period for former officials, and restrict certain investments by employees and their family members.
A CREA report said India's imports of Russian crude rose 34 per cent in June to a record high, driven by higher purchases by major refiners even as Russia's overall oil export revenues declined amid softer global prices.
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