<P> The design of banknotes is approved by the central government , on the recommendation of the central board of the Reserve Bank of India . Currency notes are printed at the Currency Note Press in Nashik , the Bank Note Press in Dewas , the Bharatiya Reserve Bank Note Mudran ( P ) Ltd at Salboni and Mysore and at the Watermark Paper Manufacturing Mill in Hoshangabad . The Mahatma Gandhi Series of banknotes are issued by the Reserve Bank of India as legal tender . The series is so named because the obverse of each note features a portrait of Mahatma Gandhi . Since its introduction in 1996 , this series has replaced all issued banknotes of the Lion capital series . The RBI introduced the series in 1996 with ₹ 10 and ₹ 500 banknotes . At present , the RBI issues banknotes in denominations from ₹ 5 to ₹ 2,000 . The printing of ₹ 5 notes ( which had stopped earlier ) resumed in 2009 . </P>
who prints and supplies the currency notes in india
Currency Note Press in Nashik Bank Note Press in Dewas Bharatiya Reserve Bank Note Mudran ( P ) Ltd at Salboni and Mysore Watermark Paper Manufacturing Mill in Hoshangabad