NEWS & ADVICE : CREDIT CARDS
Banks still issuing scribbled currency
By Ankit Sharma
Feb 4, 2014
Print    Email    RSS   

Lately Reserve Bank of India has asked the banks not to issue the soiled notes, but people are complaining that banks are giving them scribbled notes. It has been reported that even from the cash dispensing machines people are getting soiled currency.

RBI has strictly instructed the banks to work in accordance with clean note policy and not to write anything on the notes, bankers are usually in a habit to write behind the notes. Banks are asked to stop this and also stop issuing such notes. But recently number of people complained about receiving such scribbled notes from banks and ATMs as well.

When banks were questioned regarding this then it has been reported that, some of the ATMs are not yet updated with the new software, soon all ATM will be upgraded that will identify the soiled notes and will dispense only the clean notes. Further Citizens were asked to get such notes exchanged at the banks. One of the SBI employee stated that no one comes to them for getting the notes exchanged.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #4
Are cash-back credit cards a real good deal?
Safety tips to use plastic money online
A general guide to Auto Insurance
Importance of reviewing your credit report


I DID NOT POSSES ANY CREDIT CARDS UP TO 2016, BUT...
DO I HAVE ANY CREDIT CARD LOAN BEFORE ANY BANKS IN...
what is my credit card statement.
what is my credit card statement
i forgot my ATM pin number i could i get it again
how to improve my CIBIL score???

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive