The Correct Answer is the Reserve Bank of India. The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian government regulates what denominations to circulate. The Indian government is solely responsible for minting coins. The RBI is permitted to print currency up to 10,000 rupee notes. To deter counterfeiting and fraud, the Indian government withdrew the 500 and 1,000 rupee notes from circulation in 2016. If the Reserve Bank wants to print anything higher, the government must amend the Reserve Bank of India Act. ?Additional InformationNABARD:-National Bank for Agriculture and Rural Development (NABARD) is an apex development finance institution fully owned by the Government of India. The bank has been entrusted with "matters concerning policy, planning, and operations in the field of credit for agriculture and other economic activities in rural areas in India". NABARD is active in developing the Financial Inclusion policy. State Bank of India:-State Bank of India (SBI) is an Indian multinational, public sector banking and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world. ICICI Bank:-ICICI Bank Limited is an Indian multinational banking and financial services company with its registered office in Vadodara, Gujarat, and corporate office in Mumbai, Maharashtra.