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RBI dispels rumour on non-acceptance of scribbled-on currency- (Reserve Bank of India) (14 Dec 2015)

MANU/RPRL/0244/2015

Banking

The Reserve Bank of India issued a clarificatory statement to dispel rumours in social media that banks will not accept currency notes which have been scribbled on. It confirmed that all currency notes remain legal tender, though was also reminded of its clean note policy and how scribbling on notes not only defaces them but also reduces their lifespan.