The guidelines being referred to probably relate to a May circular and ... to accept such currency notes," he said. According to RBI guidelines, customers can exchange soiled notes at bank ...

People are often turned down at their banks, and resort to queuing at RBI You can now exchange soiled currency notes at any branch of the bank where you have an account Despite the Reserve Bank of ...

The Reserve Bank of India (RBI) earlier this year released a circular giving guidelines of what to do with a soiled note. (a) All branches of banks in all parts of the country should provide the ...

Reports had claimed banks were not accepting soiled notes causing hardship to customers. Mumbai: Reserve Bank of India has issued a fresh circular under which it has directed all banks including ...

The central bank said such banknotes had to be treated as “soiled notes” and dealt with according to the RBI’s “clean note policy”. The circular to banks was sent by the RBI after it ...

Issued after six years, the master circular asked banks to provide “customer services more actively and vigorously" by providing facilities for exchange of soiled notes at all branches.

Reports had claimed banks were not accepting soiled notes causing hardship to customers. RBI Governor Urjit Patel. (Photo: PTI) Mumbai: Reserve Bank of India has issued a fresh circular under ...

The Reserve Bank of India offers various options to customers to exchange soiled, torn or mutilated currency notes. Published: April 30, 2017 5:03 PM IST By India.com Business Desk ...

The Reserve Bank of India has established guidelines for exchanging damaged currency notes, ensuring that individuals don't face financial losses due to soiled, mutilated, or severely damaged notes.

Banks are instructed to provide facilities for exchange of soiled and mutilated notes. In 2002, the RBI has also issued a circular asking banks to do away with stapling of note bundles and to ...

The shortage of currency notes in the country post the demonetisation of Rs 500 and Rs 1000 bills, compelled the apex bank, Reserve Bank of India to put soiled notes back into circulation with a ...