In India, the Reserve Bank of India (RBI) is the main authority responsible for issuing and managing money. But the actual printing is done by SPMCIL – Security Printing and Minting Corporation of India Ltd., which is owned by the Government of India.

There are four big printing presses in India:

• Currency Note Press, Nashik

• Bank Note Press, Dewas

• BRBNMPL, Mysuru

• BRBNMPL, Salboni

The first two are run by SPMCIL, while the last two are run by RBI. These presses print different denominations like ₹10, ₹50, ₹100, etc.

But why can’t we print unlimited money?

Because that causes inflation - meaning prices rise, and the value of money falls. That’s why the RBI controls how much money is printed.

Each banknote has security features like:

• Watermarks

• Color-changing ink

• Security threads

• Microlettering

• UV ink

Coins, on the other hand, are made in mints located in Mumbai, Kolkata, Hyderabad, and Noida.

📝 Fun tip: You can check real or fake notes using the RBI’s MANI app!