Skip to content
 
Search

Latest Stories

No proposal to replace Mahatma Gandhi's picture on banknotes: RBI

According to reports, banknotes of some denominations would be released with watermark images of Rabindranath Tagore and the late former president of India APJ Abdul Kalam.

No proposal to replace Mahatma Gandhi's picture on banknotes: RBI
Eastern Eye
By Eastern EyeJun 06, 2022

The Reserve Bank of India (RBI) on Monday clarified that it has no proposal to replace the father of the nation Mahatma Gandhi's picture on currency notes.

Referring to media reports that claimed that the Finance Ministry and the Reserve Bank of India were considering a proposal to also use images of famous personalities like Rabindranath Tagore and APJ Abdul Kalam on banknotes, the RBI clarified that there is no such proposal.

"There are reports in certain sections of the media that the Reserve Bank of India is considering changes to the existing currency and banknotes by replacing the face of Mahatma Gandhi with that of others. It may be noted that there is no such proposal in the Reserve Bank," Yogesh Dayal, Chief General Manager, said in a statement.

The RBI's statement comes a day after reports appeared in several publications claiming that the central bank and the Finance Ministry were considering a proposal to use the image of some other famous personalities alongside Mahatma Gandhi, the father of the nation.

The reports had claimed that new series of banknotes of some denominations would be released with watermark images of Rabindranath Tagore and the late former president of India APJ Abdul Kalam.

Courtesy: ANI

the reserve bank of india (rbi)

Related News

Saif Ali Khan Bhopal inheritance
Entertainment

​Saif Ali Khan loses £1.4 billion Bhopal inheritance as Indian court labels estate ‘enemy property’

Brothers deny assaulting police during Manchester Airport brawl
News

Brothers deny assaulting police during Manchester Airport brawl

More For You

Court to review teen's sentence in Bhim Kohli case
Bhim Kohli

Court to review teen's sentence in Bhim Kohli case

THE seven-year prison sentence handed to a 15-year-old boy convicted of the manslaughter of 80-year-old Bhim Sen Kohli is to be reviewed under the UK’s Unduly Lenient Sentence (ULS) scheme.

The Attorney General’s Office confirmed on Friday (5) that the teenager’s sentence will now be considered by the Court of Appeal.

Keep ReadingShow less
Dalai Lama hopes to live 'beyond 130 years'

Tibetan spiritual leader the Dalai Lama attends a prayer meet held for his long life at the Dalai Lama temple in the northern hill town of Dharamshala, India, July 5, 2025. REUTERS/Anushree Fadnavis

Dalai Lama hopes to live 'beyond 130 years'

THE Dalai Lama said on Saturday (5) he hopes to live until he is more than 130 years old, two decades longer than his previous prediction, following his assurance to followers that he would reincarnate as the spiritual head of the faith upon his death.

The Nobel Peace Prize winner was speaking during a ceremony organised by his followers to offer prayers for his long life, ahead of his 90th birthday on Sunday (6), and as China insists it will choose his successor. The Dalai Lama told Reuters in December he might live to 110.

Keep ReadingShow less
UK heatwave by mid-July

Daytime temperatures meeting or exceeding set thresholds of 25°C

iStock

Met Office warns of potential third UK heatwave by mid-July

Key points

  • Met Office forecasts rising temperatures by mid-July
  • Possible third heatwave after record-breaking June
  • High pressure system likely to bring hot air from the Atlantic
  • Yellow rain warning and flood alerts issued in parts of Scotland and Cumbria

Possible heatwave to return by mid-July

The UK could experience its third heatwave in a month by mid-July, the Met Office has said. Forecasters expect rising heat and humidity during the second weekend of July, following two weekends of unusually warm weather in late June.

June was officially the hottest on record in England, and the return of high temperatures could mean another heatwave for parts of the country. However, the Met Office cautioned that it is too early to confirm how hot conditions will get.

Keep ReadingShow less
crypto

Two men have been jailed for defrauding investors of £1.5 million through a fake crypto investment scheme. (Representational image: iStock)

iStock

Two jailed over £1.5m crypto investment scam

TWO people who duped investors of £1.5 million by selling fake investments in crypto have been jailed for 12 years, the Financial Conduct Authority (FCA) said.

Raymondip Bedi, of Bromley, and Patrick Mavanga, of Peckham, conned at least 65 people by cold-calling them between February 2017 and June 2019. They operated companies including CCX Capital and Astaria Group LLP.

Keep ReadingShow less
Manchester Police probes over 1,000 child sexual abuse suspects

Photo for representation. (iStock)

Getty Images/iStockphoto

Manchester Police probes over 1,000 child sexual abuse suspects

GREATER MANCHESTER POLICE is now investigating more than 1,000 child sexual abuse suspects, following years of public criticism and institutional failings in tackling child sexual exploitation.

A new report by His Majesty’s Inspectorate of Constabulary and Fire & Rescue Services (HMICFRS) has revealed the force has made “significant improvements” in dealing with group-based sexual abuse and related crimes.

Keep ReadingShow less
© Copyright 2025 Garavi Gujarat Publications Ltd & Asian Media Group USA Inc