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Acceptance of coins – Notification issued by RBI

Posted on June 3, 2019 By admin
Acceptance of coins – Notification issued by RBI
all, Regulators

RBI has recently issued a notification mandating banks to accept coins and notes which after receiving frivolous complaints from customers.   in effect, RBI has directed all branches of banks to accept coins of all denominations tendered at their counters for transactions. source

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