The Reserve Bank of India (RBI) on June 17, 2023, issued a Press Release regarding the Clarification on Banknote
The following has been stated namely: -
• It states that RBI has come across reports circulating in certain sections of the media alleging missing banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct.
• It states that These reports are based on erroneous interpretations of information collected under the Right to Information Act, 2005 from the printing presses.
• It may be noted that all banknotes supplied from printing presses to RBI are correctly accounted for. It is further informed that there are robust systems in place for the reconciliation of banknotes printed at the presses and supplied to RBI, including protocols to monitor the production, storage, and distribution of banknotes.
• It further states that the Members of the public are, therefore, requested to rely on the information published by RBI from time to time in such matters.
[Press Release: 2023-2024/428 ]
