Monday, July 7, 2008

The Statesman - Indian Newspapers in English Language from two editions.

The Statesman - Indian Newspapers in English Language from two editions.
Exchange of damaged currency

Press Trust of India
MUMBAI, July 7: Exchanging soiled and damaged currency notes with fresh ones has been made easier with the Reserve Bank of India asking banks to set up facilities in this regard at their branches.
Even the mutilated currency notes, with essential features intact, can be exchanged at designated branches of the banks, RBI said while issuing a Master Circular on exchange of notes and coins.
The Master Circular on exchange of notes and coins, issued after six years, asked banks to provide “customer services more actively and vigorously” by providing facilities for exchange of soiled notes at all branches.

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