Central Banking

Indian officials to probe De La Rue plant

india-rupee

Indian officials are due to visit a De La Rue plant in the United Kingdom, the Reserve Bank of India (RBI) said on Tuesday, prompting further speculation that a recent paper fault that resulted in the departure of the banknote printer's chief executive involved the firm's contract with the RBI.

A spokesperson at the RBI said a delegation of Indian government officials had flown out to visit one of De La Rue's plants in Britain, though they declined to say which one or provide any further

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