ISSUER OF CURRENCY

The Reserve Bank is the nation's sole note issuing authority. Along with the Government of India, we are responsible for the design, production and overall management of the nation's currency, with the goal of ensuring an adequate supply of clean and genuine notes.

Overview

Along with Government of India, we are responsible for the design, production and overall management of the nation’s currency, with the goal of ensuring an adequate supply of clean and genuine notes.
The Government of India is the issuing authority of coins and supplies coins to the Reserve Bank on demand. The Reserve Bank puts the coins into circulation on behalf of the Central Government.
In consultation with the Government of India, we work towards maintaining confidence in the currency by constantly endeavouring to enhance integrity of banknotes through new design and security features.

Our Approach

Our Tools

RBI’s Anti-counterfeiting Measures

RBI’s Clean Note Policy

Denominations of coins and notes in circulation

As per the Indian Coinage Act

Looking Ahead

Legal Framework

Few initiatives

We have taken several initiatives to improve customer service with regard to banknotes. Some of them are:

Giving incentive to banks for adjudication of cut notes and mopping up of soiled notes
Transferring currency exchange facility to bank branches
Permitting banks to engage the services of Business Correspondents and Cash-In-Transit companies for distribution of notes and coins and ensure last mile connectivity
Introduction of New MG Series of Banknotes
MANI App a mobile application for aiding visually impaired persons to identify the denomination of Indian Banknotes