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No proposal to replace face of Mahatma Gandhi on banknotes: RBI

There are certain reports suggesting the finance ministry and the RBI were contemplating using the faces of other prominent Indians on banknotes

|Jun 06, 2022, 16:20:43 IST

Mumbai: Dismissing reports, the Reserve Bank on Monday said there is no proposal to replace the face of Mahatma Gandhi with that of others on currency notes. In a statement, the central bank said there are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others. "It may be noted that there is no such proposal in the Reserve Bank," it said. There are certain reports suggesting the finance ministry and the RBI were contemplating using the faces of other prominent Indians, including Rabindranath Tagore and APJ Abdul Kalam, on banknotes of certain denominations. Read all the Latest News, Trending News, Cricket News, Bollywood News,India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.

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