This was the sobering question hanging in the air at an event in the city Saturday evening, as the country has made rapid strides towards a cash-light future.That is the big question, the existential one, for all collectors and historians, remarked former Reserve Bank of India governor D Subbarao, setting the tone while addressing the event organised by the Indian Paper Money Museum, founded by Rezwan Razack.Reflecting on how money is being reshaped by technology, Subbarao said the country is once again at a moment of monetary disruption. In your community of note collectors, though, they are much more, as they tell stories," he said.Echoing concerns about a paperless future, Razak, who has authored ‘Paper money of the princely state of Hyderabad' spoke of the urgency of preserving this fading legacy. All of us should keep one note of each type in our collection, at least to tell the children that this is what we used to go to the grocery store with and buy.
Author: TNN
Published at: 2026-01-31 22:52:00
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