WebTimely remittance of soiled notes to RBI, liasoning with Security and cash transportation agencies and maintenance of higher standards of service to branches and ATM nodal cell. Ensuring smooth flow of operations like inward and outward cash remittances, sorting and dispensing the same for branches and ATM Cells. WebApr 17, 2024 · The matters which the banks want the auditors to check and report in the LFAR have been manufactured by RBI. I is actually a questionnaire prepared by RBI this an controller has to answer. The nature of transactions mirrors in which statement concerning accounts as among year-end and its impact on the Books of Accounts, if any, emerges in …
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WebApr 29, 2024 · In December 2013, RBI had issued a statement as part of its Clean Note Policy asking banks to exchange soiled notes of even non-customers and issue only good … WebFeb 18, 2024 · Exchange of torn currency made easy. This is because the Reserve Bank of India (RBI) has made it mandatory that every bank should accept soiled, mutilated and any damaged currency note without charging any fee. RBI made it mandatory that every bank should accept damaged currency whether the person is a customer of that bank or not. … fluid eyewear direct
RBI Tells Banks Not To Reject Spoiled Or Scribbled Notes - NDTV
Web7.6.2 RBI Clean Note Policy Education campaign on preferred way to handle notes: no stapling, writing, excessive folding and the like, Timely removal of soiled notes: use of currency verification and processing systems and sorting machines. Exchange facility for torn, mutilated or defective notes: at all branches of commercial banks. WebMar 13, 2024 · Exchange of Soiled and Mutilated Notes – RBI Guidelines Facility for exchange of notes and coins at bank branches. No bank branch should refuse to accept … WebJan 29, 2024 · The soiled notes are those that have become dirty due to usage and may also be torn - sometimes two pieces of these bank notes are pasted together - which means … greenest way to shave mens