Supreme Court: Amalgamating Company Loss Cannot be Set Off Against Amalgamated Income  ||  Supreme Court: Hostile Witness Deposition Admissible to the Extent it is Found Credible and Reliable  ||  SC Upholds Penalty on Bank For Delay in Cheque Presentation under Consumer Protection Act  ||  Karnataka High Court Orders Strict Statewide Implementation of Menstrual Leave Policy  ||  Delhi HC: Emergency Arbitrator Awards are Not Binding on Indian Courts in Interim Relief Proceedings  ||  Del HC Imposes ?10L Fine on Parle Agro For Non-Disclosure of Sales Revenue in Pepsico Trademark Case  ||  Supreme Court: Spouse Cannot Withdraw Consent for Mutual Divorce After Settlement Agreement  ||  Supreme Court Suspends PC Act Sentence of Former Minister Anosh Ekka, Flags Overlapping CBI Cases  ||  Supreme Court: Magistrate’s Probe Order Can’t be Quashed on Accused’s Defence  ||  Delhi High Court: No Adverse Inference if Handwriting Sample Refused Without Section 73 Disclosure    

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.

Tags : BANK NOTE   SCRIBBLE   TENDER   RUMOUR  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved