Shri Shaktikanta Das, Governor, Reserve Bank of India (RBI), laid foundation stone for the establishment of a Learning and Development Centre (LDC) of the Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL), a wholly owned subsidiary of RBI, today (March 28, 2022) in Mysuru. In his address, Governor highlighted the importance of setting up such a centre which will facilitate human resource capacity building in the currency production ecosystem of the country and emerge as a global centre of excellence.

LDC is being established with active collaboration from Security Printing and Minting Corporation of India Limited (SPMCIL), a wholly owned Schedule ‘A’ Miniratna Category-I company of Government of India and Bank Note Paper Mill India private Limited (BNPMIPL), a joint venture of BRBNMPL and SPMCIL. LDC will act as a forum for robust knowledge dissemination, thus ensuring that the best practices, experiences, and innovations are shared efficiently in a congenial environment to ensure uniformity in banknote production, quality and supply. This centre will be governed by BRBNMPL.

This function was attended by Shri Jose J Kattoor, Executive Director, Reserve Bank of India, Shri Manas Ranjan Mohanty, Managing Director, BRBNMPL, Shri K.G. Viswanathan, Managing Director, BNPMIPL, heads of various organisations in Mysuru, senior officials from government departments, senior officials from SBI, officers and staff of BRBNMPL and BNPMIPL.

(Yogesh Dayal)     
Chief General Manager

Press Release: 2021-2022/1920