The central government and the RBI are taking the lessons of recent experience into account as they discuss remedial action with the states. To deal both with project paralysis as well as the unfair distribution of losses, RBI ended the forbearance accorded to restructured loans. Henceforth, restructured loans will be classified as non-performing loans.
Currently, in terms of volume, we have about 2 million pieces of $ notes in circulation. This is equivalent to 4 pcs per capita or $ per person, by value. Since the $ note changes hands more frequently than other banknotes, it gets easily exposed to dirt and moisture that eventually shortens its life expectancy.