RBI allays concerns on note quality

It said notes are well within various parameters for dimension, placement of design, print features

The Reserve Bank of India (RBI) on Friday said that it maintained the quality of bank notes “well within the various tolerance parameters for dimension, placement of design, print features, etc,” and that its currency printing presses were state-of-the-art and well-documented.

The RBI’s clarification came after the opposition Congress alleged that the RBI was printing two types of Rs 500 notes, differing in size, terming it the “biggest scam of the century”.

“The currency printing presses are equipped with state of the art machinery, documented systems and technically qualified personnel through which quality control is ensured at each stage of banknote production,”