RBI Clarification w.r.t. Alternative Avenues for Distribution of Banknotes and Coins

RBI/2013-14/244 DCM (Plg) No.G12/10.65.03/2013-14 September 10, 2013 The Chairman & Managing Director / Chief Executive Officer (All Scheduled Commercial banks including RRBs) Madam/ Dear Sir, Monetary Policy Statement for 2013-14 - Distribution of Banknotes and Coins Alternative Avenues Please refer to Para 110 of the Monetary Policy Statement 2013-14 wherein it was stated that With… Read More

Tags: Bank of England, Banknote, Cash in Transit, Commercial bank, Mark Carney, Monetary policy, Polymer banknote, Winston Churchill