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RBI to exchange soiled notes up to ₹5,000 for free
MUMBAI: RBI has asked banks to facilitate over the counter exchange of soiled and mutilated currency notes up to ₹5,000 for free. Beyond that, banks may accept the
Published on: Jul 15, 2016, 06:52:32 IST
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MUMBAI: RBI has asked banks to facilitate over the counter exchange of soiled and mutilated currency notes up to ₹5,000 for free. Beyond that, banks may accept the notes against receipt, for value to be credited later, and may levy service charges as permitted by RBI, it said.
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