RBI rubbishes reports of currency notes with faces of Tagore, Kalam

The national bank Reserve Bank of India (RBI) dispelled any confusion by saying that it has no proposition to achieve changes to the current money and certified receipts by supplanting the substance of Mahatma Gandhi with that of others.

“There are reports in specific segments of media that (RBI) is thinking about changes to existing cash and banknotes by supplanting face of Mahatma Gandhi with that of others,” national bank said in a proclamation on Monday.

The assertion added that there is no such proposition in the national bank.

According to different reports, the RBI and the Security Printing and Minting Corporation of India (SPMCIL), which goes under the Finance Ministry, sent two separate arrangements of tests of Mahatma Gandhi, Rabindranath Tagore and APJ Kalam-watermarked notes to IIT-Delhi’s Dilip Shahani.

After reports arose in the media, similar has been shared widely on different virtual entertainment stages throughout recent hours or something like that.

However, the RBI has now rejected that there is any such proposition.

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