Mysore

‘Mysuru-made’ new currency notes ready to hit the market

The new currency notes of Rs 500 and Rs 2000 projected as the weapon against all the black money will be available in the market from today at all banks across the country.

The RBI yesterday stated that the banks will remain open for public even on the weekend, that is, November 12 and 13 to deal with rush of people wanting to deposit the defunct currency bills. Banks and ATMs were shut yesterday to remove old Rs 500/1000 notes and stock them with lower denomination and new hard-to-fake Rs 500 and Rs 2,000 currency notes.

Amidst the discussions and confusions regarding the exchange of the old currency notes, a proud moment for all Mysureans surfaced when the news broke out that all the new Rs 500 and Rs 2000 currency notes were actually printed in Mysuru.

A Ramdas, president of Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) Workers Association, said that almost every new note was being printed at the BRBNMPL branch situated at Metagalli, Mysuru for a period of four months. “The paper and the ink used for printing were also manufactured in Mysuru,” he said. Meanwhile the RBI office at Metagalli has been provided with high security.

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