RBI Printing Presses Will Soon Print New Rs 500 Notes
Wednesday, November 30, 2016, 12:15 PM
The currency presses operated by RBI, will soon start printing new INR 500 notes. These printing presses are currently printing INR 2,000 notes. The Bharatiya Reserve Bank Note Mudran Pvt. Ltd, a subsidiary of RBI, operates two presses in Mysuru (Karnataka) and Salboni (West Bengal). Bharatiya Reserve Bank Note Mudran aims to print around 1 billion of the new INR 500 notes by December-end.