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RBI clears air on rumours of changing Mahatma Gandhi image on currency and banknotes

Economy
Published on 24 April 2026
RBI clears air on rumours of changing Mahatma Gandhi image on currency and banknotes

Rumours swirled but RBI says no changes planned

The Reserve Bank of India has dismissed reports claiming it may replace Mahatma Gandhi’s image on existing currency and banknotes. RBI clarified there is no proposal for any change to the current Indian currency and banknotes, putting an end to speculation about altering the face on money already in circulation.

  • RBI denies plans to replace Gandhi’s image on existing notes
  • Clarification covers current Indian currency and banknotes
  • Rumours are dismissed as baseless
  • No changes to notes in circulation are expected
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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