Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL) was established by Reserve Bank of India (RBI) as its wholly owned subsidiary on 3rd February 1995 with a view to augmenting the production of bank notes in India to enable the RBI to bridge the gap between the supply and demand for bank notes in the country. The BRBNMPL has been registered as a Private Limited Company under the Companies Act 1956 with its Registered and Corporate Office situated at Bengaluru. The company manages 2 Presses one at Mysore in Karnataka and the other at Salboni in West Bengal. The present capacity for both the presses is 16 billion note pieces per year on a 2-shift basis.
The Board of Directors headed by a non Executive Chairman nominated by Reserve Bank of India oversees the overall affairs of the Company. The Managing Director is the whole time Chief Executive of the Company and is also a member of the Board. The members of the Board of Directors are persons of high eminence drawn from various professional fields. The Managing Director is assisted by a team of senior officers in the Corporate Office and two presses at Mysore and Salboni.
Both the presses have installed the latest “state of the art” Technology in bank note printing. The machinery at Mysore Site has been supplied by M/s. De La Rue Giori, now KBA Giori, Switzerland and that of Salboni by M/s. Komori Corporation, Japan. Both the presses are equipped with sophisticated Security Surveillance Systems. The Corporate mission of the Company is to produce bank notes conforming to international standards set by Central Banking and monetary authorities of the world and makes them available in adequate quantities to the Reserve Bank of India at competitive prices. BRBNMPL seeks to achieve this mission through its most valued asset, its people. It has also gone in for extensive automation and the Enterprise Resource Planning. The BRBNMPL has already put in place an effective Quality Management System as embodied in the ISO 9001 – 2015 and also environmental management systems ISO 14001: 2015 Company.