On the whole, under present conditions, it seems that the “cost” of additional reserves is really a non-issue from a broader macro-economic point of view. Indian interest rates have come down substantially in the last three or four years. They are, however, still higher than those prevailing in the U.S., Europe, U.K. or Japan.
Nowadays counterfeiters are becoming more advanced. To cope with that the central bank needs to increase their vigilance by continuously improving the security features of the currency to give protection and assurance to the public holding the currency. Ladies and Gentlemen, To achieve the goals mentioned above, the cooperation among issuing authorities and currency industries should be further deepened.