 "Don't fall to rumours that banks won't accept scribbled notes: RBI")
The Reserve Bank of India (RBI) has clarified to members of public to not to fall prey to such rumours that banks will not accept banknotes with anything written on them.
RBI told the public that they should use their banknotes without any fear.
RBI has clarified that it had issued instructions on August 14 only to banks advising them to instruct their staff not to scribble or write on the body of the banknotes since it was observed that the bank officials themselves were in the habit of writing on banknotes which went against the RBI’s Clean Note Policy.
Reiterating that writing or scribbling on banknotes works against its Clean Note Policy, RBI has also sought co-operation from all members of public, institutions and others in keeping the banknotes clean by not writing/scribbling anything on them.
RBI told the public that they should use their banknotes without any fear.
RBI has clarified that it had issued instructions on August 14 only to banks advising them to instruct their staff not to scribble or write on the body of the banknotes since it was observed that the bank officials themselves were in the habit of writing on banknotes which went against the RBI’s Clean Note Policy.
Reiterating that writing or scribbling on banknotes works against its Clean Note Policy, RBI has also sought co-operation from all members of public, institutions and others in keeping the banknotes clean by not writing/scribbling anything on them.