| Notification Detail :
RBI/DCM/2025-26/130
DCM (CC) No.G-2/03.35.01/2025-26
April 01, 2025
The Chairman / Managing Director / Chief Executive Officer
(All banks having Currency Chests)
Madam / Dear Sir,
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
In terms of the Preamble to and Section 45 of the Reserve Bank of India Act, 1934 (RBI Act) and Section 35A of the Banking Regulation Act, 1949, Reserve Bank of India issues guidelines / instructions for realising the objectives of Clean Note Policy as part of currency management. With a view to sustain these efforts and to ensure timely and accurate reporting of currency chest transactions, instructions on the subject have been issued from time to time.
2. The enclosed Master Direction incorporates updated guidelines / circulars on the subject.
Yours faithfully,
(Sanjeev Prakash)
Chief General Manager-In-Charge
View Attachment
|
