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SOILED CURRENCY
Scientists believe they finally understand the purpose of Peru’s mysterious mountain holesArchaeologists have uncovered the true purpose of Monte Sierpe in Peru. This ancient site, featuring thousands of small pits, served as a v...
In war, anything can happen; in investing, only management matters. 6 stocks from different sectors with upside potential of up to 27%Net margin is a useful metric. It tells you how much profit remains after costs, interest, and tax are deducted from revenue. But it does n...
How El Nino-driven weaker monsoon rains could impact IndiaThe monsoon outlook for India in 2026 paints a worrying picture, with an anticipated El Niño likely to disrupt normal rainfall patterns. Th...
Exchange of soiled, torn, imperfect currency notes: Bank branches you can exchange, procedure, limitA ‘soiled note’ means a note which has become dirty due to normal wear and tear and also includes a two piece note pasted together wherein ...
Got soiled, taped or torn Rs 10, Rs 50, Rs 100, Rs 200, Rs 500 bank notes? How to exchange them at any bank branchAre you a holder of torn, soiled, damaged currency note? Do no worry, take the note(s) and go to any bank branch. They will exchange the no...
How to exchange a soiled or mutilated currency noteHow to exchange a soiled or mutilated currency note
Soiled notes taking more space than usable ones, banks tell RBIRBI regional offices can hand out approvals for increasing the cash holding limits, the person said. The central bank has embarked on a 'cl...
RBI proposal: Varnished banknotes in your wallet soonRBI proposes to launch varnished banknotes on a field trial basis, as per its annual report for FY17-18 released today.
When real currency is not legal tender and other watch outs to avoid money lossHere are 10 points you should know about exchanging soiled notes and when currency ceases to become legal tender, taken from an RBI master ...
Banks can’t refuse scribbled notes, says RBIThe RBI issued a circular to banks after it received complaints that many branches were not accepting banknotes, specifically of Rs 500 and...
Soiled notes meant for RBI find their way back to aam aadmi via some banksAs currency shortage deepens across the country, some banks have resorted to a desperate move wherein they are re-circulating soiled notes ...
RBI asks banks to exchange up to 20 soiled notes with max value Rs 5000 free of costIn case notes are presented in bulk banks will accept them, against a receipt, for the value to be credited later.
HDFC Bank organises 10 coin exchange fairs in PatnaHDFC Bank today organised 10 coin exchange melas across Patna in line with RBI's Clean Note Policy. The coin melas were planned by HDFC Ban...
Don't staple note packets, issue only clean notes: RBI to banksThe Reserve Bank has directed banks to do away with stapling of note packets and issue only clean currency notes to the public.
RBI gears up for plastic notes as 20% paper bills get soiledThe figures are not yet available for the last fiscal 2012-13, but the number of soiled currency notes has remained above 13 billion for at...
- Staff shortage hitting RBI’s key functions: unions
The Reserve Bank of India employees association has alleged that the country’s central bank isn’t doing its due diligence well before destr...
- RBI moots plastic currency notes
The Reserve Bank has said it is considering use of plastic to make currency notes, replacing paper which has a shorter life.