`2,000 notes printed when Rajan was RBI guv bear Patel’s sign
The new 2000-rupee banknotes carry the signature of present central bank chief Urjit Patel but the process to print those bills began when his predecessor Raghuram Rajan was still in office, an HT investigation has found.
Two RBI presses that produced Rs 2000 bills told HT that they initiated the “first stage of printing process” on August 22, the first working day after the government named Patel the next central bank chief. Patel, however, didn’t take over from Rajan until almost two weeks later on September 4, raising questions over why the outgoing governor’s signature was not on the bills.
More than 3.4 lakh students will take the upcoming Class 12 Higher Secondary Certificate (HSC) exams from the Mumbai division, which includes Thane, Palghar and Raigad. This number is 6% more than last year and possibly the highest ever in the exam’s history. The number of exam takers has grown by close to 20,000 this year (as of Thursday) and is expected to rise further as form-17 students complete registrations.
Urjit Patel (left) and Raghuram Rajan: