New Delhi: In India, notes issued by the Reserve Bank of India (RBI) bear the watermark of only one prominent figure, the Father of the Nation, Mohandas Karamchand Gandhi. But what may happen first, RBI may consider introducing watermarks of Nobel laureate Rabindranath Tagore and 11th Indian President APJ Abdul Kalam.
According to a report in New Indian Express, the Finance Ministry may soon discuss with the RBI on a new series of banknotes of certain denominations to introduce the watermark of one of the greatest Indian authors and the Missile Man of India.
The report also pointed out that the RBI and the Security Printing and Minting Corporation of India (SPMCIL) have sent two different sample sets containing watermarks of three key figures to IIT-Delhi Emeritus Professor Dilip T Shahani. The professor is reportedly asked to select a set from two alternatives. The selected set will be presented to the government for final consideration.
It is noteworthy that till now the picture or watermark of any important person other than Mahatma Gandhi has not been used in the notes issued by RBI.
However, this is not the first time that the RBI is considering adding watermarks of more prominent figures in banknotes. Sources in the report highlighted that RBI’s internal committee along with Gandhi proposed adding Tagore and Kalam’s watermarks on the Rs 2000 notes. Read also: Bank holiday on June 5th? Banks will remain closed these days, see full list
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