Madhya Pradesh High Court: Victims Must be Given a Hearing Even Before Closure Report Rejection || Delhi HC: Payment of ‘Pagri’ Does Not Render Tenancy Non-Terminable, Allowing Eviction || Ker HC Examined Whether Electro-Homeopathy Can be Practised Without Registration under Medical Laws || Delhi HC: Better Possessory Title Holder Can Recover Property From Occupant Without Superior Right || Bombay High Court: Compensatory Afforestation Must Be in Same or Nearby Locality For Residents || Bombay High Court Protects ‘MEFTAL-SPAS’, Restrains Use of Similar Drug Brand || Supreme Court: Inclusion in Revised Select List Does Not Give TN MV Inspectors a Vested Right || Bombay HC: ICC Cannot Hear Sexual Harassment Complaint over Non-Employer Transport Incident || Ker HC Upholds Rule that Homeopathic Doctors Must Cancel Registration Before Enrolment as Advocates || J&K&L HC: Evidence Negating Penetration Warrants Conviction For Attempt to Rape, Not Rape

Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes- (Reserve Bank of India) (14 Jul 2016)

MANU/RDCM/0006/2016

Banking

The Reserve Bank of India notified that up to 20 soiled notes, worth no more than Rs. 5000, can be exchanged free of charge at non-chest branches banks over the counter. For amounts greater than that, the bank is allowed to issue a receipt to be credited later and levy a service charge.

Mutilated and imperfect notes can also be exchanged at non-chest branches of banks over the counter, provided they no more than five in number and do not exceed Rs. 5000. Larger collections and values will be sent to currency chest branches for adjudication.

Tags : CURRENCY SOILED MUTILATED OVER THE COUNTER EXCHANGE

Share :