Like other central banks, we too have moved away from the gold standard, and today the asset backing for note issue comprises both domestic and foreign securities including gold held by the Reserve Bank. We have four presses where currency is printed.
Two presses – one at Nasik in Maharashtra and the other at Dewas in Madhya Pradesh are under the control of the Government; the remaining two presses – at Mysore in Karnataka and at Salboni in West Bengal are under the control of the Reserve Bank.