Tuesday, September 28, 2021

Soiled notes taking more space than usable ones, banks tell RBI

RBI regional offices can hand out approvals for increasing the cash holding limits, the person said. The central bank has embarked on a 'clean note policy', which includes retrieval and processing of banknotes received from currency chests and destruction of soiled banknotes in an automated manner.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/soiled-notes-taking-more-space-than-usable-ones-banks-tell-rbi/articleshow/86597510.cms

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