archivecurrency printing

The expenditure incurred on security printing during 2024-25 increased by nearly 25 per cent to ₹6,372.8 crore as against ₹5,101.4 crore in the previous year mainly due to increase in indent for printing of banknotes, according to the RBI's annual report released on Thursday. The value and volume of banknotes in circulation increased by 6 per cent and 5.6 per cent, respectively, during 2024-25. "During 2024-25, the share of ₹500 banknotes at 86 per cent, declined marginally in value terms," said the RBI's Annual Report for 2024-25. In volume terms,...

Five persons were arrested for allegedly printing and circulating fake Indian currency notes and seized fake nots of 200 and 500 denominations valued at Rs 28.66 lakh from their possession, Pune Police said on Monday. Police have identified the accused as Manisha Swapnil Thanekar (42) of Yerwada, Bharati Tanaji Gavand (40) of Keshav Nagar, Sachin Ramchandra Yemgar (35) of Gahunje, Naresh Bhimappa Shetty (35) of Lohegaon and Prabhu Gugaljeddy (34) of Vishrantwadi. An FIR in the matter was registered at the Shivajinagar police station on April 17 based on a...