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Bureaucracy

RBI’s fresh circular to all banks related to Rs 2,000 note

The Reserve Bank of India (RBI) has send a circular to the Chairman / Managing Director/ Chief Executive Officers of all banks on Monday prescribing a format in which the banks have been asked to maintain daily data of deposit and exchange of Rs 2,000 bank notes. According to the circular, the

By Whispers in the Corridors 1 min read

The Reserve Bank of India (RBI) has send a circular to the Chairman / Managing Director/ Chief Executive Officers of all banks on Monday prescribing a format in which the banks have been asked to maintain daily data of deposit and exchange of Rs 2,000 bank notes. According to the circular, the data needs to be submitted immediately, when called for.

 

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