RBI Issue Currency Notes inwards India Reserve Bank of Republic of Republic of India ( RBI ) has a sole correct to number currency notes inwards India. This correct is guaranteed exclusively to a item entity (a somebody or organization) as well as nobody else. It is an unshared authority, an exclusive privilege, or a monopoly to create something without opened upwards competition. It is normally granted past times a sovereign potency (e.g. parliament) to execute pregnant tasks. The Section 22(1) of Reserve Bank of Republic of Republic of India Act, 1934 (amended 7 th Jan 2013) empowers RBI amongst a sole correct to number banknotes of all allowed denominations for their circulation inwards India. [1] Currently, the banking concern notes issued inwards Republic of Republic of India make from a higher denomination of ₨.1000 to the lowest denomination of ₨.5. In India, at that topographic point are ix unique banking concern no...