Bharatiya Reserve Bank Note Mudran
Bharatiya Reserve Bank Note Mudran Private Limited is a wholly owned subsidiary of Reserve Bank of India which prints bank notes for the Reserve Bank of India. It was established in 1995 to address the demand of bank notes. The company operates in Indian and global markets, catering to security document needs of Central banks and monetary authorities of the world by designing, printing and supplying banknotes. BRBNMPL supplies a major portion of bank note requirement in the country with the remaining requirements met through Security Printing and Minting Corporation of India Limited, a public sector undertaking wholly owned by Government of India. BRBNMPL has two presses in Mysuru and Salboni. The present capacity for both the presses is 16 billion note pieces per year on a two-shift basis.
The company made a world record by printing more than 20,000 million pieces of bank notes in financial year 2016-17, The company has its own design cell. It has the capability to print all the denominations of Indian bank notes. The other two bank note presses of SPMCIL are Currency Note Press Nashik Road, and Bank Note Presses which print bank notes in small quantities.History
Until 1928, Indian currency was printed by De La Rue, a British banknote manufacturing company. The Indian Security Press at Nashik was commissioned by the British Indian Government in the same year and assigned the responsibility of printing Indian currency.Structure
BRBNMPL is governed by a board of directors, headed by a non-executive DIRECTOR appointed by the RBI.
