Ex RBI governor’s name on rupee notes led to Rs 37 cr loss

Mint 2018-02-16

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Despite instructions from RBI, the Bank Note Press (BNP) in Dewas, Madhya Pradesh, did not incorporate the signature of the new RBI governor with effect from January 1, 2014 but continued printing bank notes with Subbarao’s signature till February 25, 2014

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