The Reserve Bank of India performs the statutory function of issuance of banknotes. The Bank intends to set up an Automated Banknote Processing Centre (ABPC) and has decided to engage a consultant with requisite experience, for planning, establishment and operationalization of ABPC.
In order to engage a consultant, the Bank has sought Request for Proposal (RFP) from the interested applicants having necessary expertise and experience. The RFP is available on the Bank’s website and can be accessed at: www.rbi.org.in/Tenders .
This centre would be a green field project aimed at maximising the operational efficiencies involved in receipt and issue/ circulation/ verification and processing of banknotes involving automated storage and retrieval techniques.