Madras HC: Freedom of Religion Cannot Extend to Disturbing Peace Within Temple Premises || Delhi HC: Lokpal Cannot Form a Prima Facie View on Corruption Without Hearing The Official || MP High Court: DRT Cannot Restrict or Impose Conditions on a Person's Foreign Travel || Bombay HC: Results of Dec 2 And 20 Local Body Election Must be Declared Together || Delhi HC: Employment Disputes Cannot be Treated as Commercial Cases under the Act || Supreme Court: Divorced Muslim Woman Can Reclaim Gifts Given to Husband at Marriage || Supreme Court: Police and Courts Should Act as Initial Filters to Prevent Baseless Prosecutions || SC: Maharashtra Can Acquire Land under Slum Areas Act, Respecting Owner's Preferential Rights || Supreme Court: Excise Exemption on Cotton Fabrics is Denied if Any Related Process Uses Power || NCLAT: IBC Auctions are Not Ordinary Contracts, and Market Volatility Does not Excuse Bid Defaults

Clean Note Policy-Withdrawl of Soiled/Mutilated Notes from Circulation and Putting Adequate Quantity of Fresh Notes into Circulation. - (07 Aug 2015)

Withdrawl of Soiled/Mutilated Notes from Circulation

MANU/PIBU/1037/2015

The Reserve Bank of India informed that the object of 'Clean Note Policy' is withdrawal of soiled and mutilated notes from circulation and putting adequate quantity of fresh notes into circulation. The policy includes mechanisation of cash processing at RBI, currency chests and branches having daily cash deposit above Rs. 50 lakh and directions to Banks not to staple the notes and to issue machine sorted notes only through ATMs and counters..

Tags : RBI CLEAN NOTE CURRENCY

Share :