Explanation:

Bank Note Press, Dewas is an industrial unit of Security Printing & Minting Corporation of India limited, Wholly owned by government of India, Ministry of Finance, Department of Economic Affairs, BNP was established in 1974 to print world class high quality bank notes of different denominations. Bank Note Press, Dewas is headed by the General Manager, who directly reports to the Chairman & Managing Director of Security Printing and Minting Corporation of India Limited.

The Security Printing and Minting Corporation of India Limited was formed after corporatization of all nine Security units of presses / mints which were earlier working under Ministry of Finance. SPMCIL was registered on 13-1-2006 with its headquarters at Jawahar Vyapar Bhawan, New Delhi.