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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  

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