Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India today held a meeting with Chairmen and Managing Directors of banks in the Southern Region comprising states of Tamil Nadu, Karnataka, Andhra Pradesh and Kerala and of controlling officials of other banks in the Issue Circle of Tamil Nadu and Pondicherry. The meeting was held in Chennai.Achievements of banks against targets and deadline set for destapling and segregation of notes into soiled and reissuables and

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Electric House. The facility will be offered on Monday, May 19, 2003 between 11.00 a.m. and 2.00 p.m. at Bank of India, Electric House Branch, Electric House, Mumbai. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recen

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Crawford Market. The facility will be offered on Wednesday, April 23, 2003 between 3.30 p.m. and 4.30 p.m. at HDFC Bank Ltd., Ashoka Shopping Centre, Lokmanya Tilak Road, Near T. B. Hospital, Crawford Market, Mumbai. In order to make available clean currency notes to public in adequate quantity, the

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Ghatkopar. The facility will be offered on Tuesday, April 8, 2003 between 11.15 a.m. and 2.15 p.m. at Bank of India, M. G. Road, Ghatkopar (West), Mumbai-400 086. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recent pa

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Bandra. The facility will be offered on Wednesday, March 26, 2003 between 11.15 a.m. and 2.15 p.m. at State Bank of India, Linking Road, Bandra (West), Mumbai-400 052.In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the recen

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Mazgaon. The facility will be offered on Wednesday, March 12, 2003 between 11.00 a.m. and 2.30 p.m. at Central Bank of India, St. Mary Street, Behind Sales Tax Office, Mazgaon, Mumbai-400 010.In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken s

The Reserve Bank of India has made it mandatory on the banks to discontinue the practice of stapling the currency note packets. It has issued a directive to banks under Section 35A of the Banking Regulation Act, 1949 in public interest with the objective of giving clean and good notes to members of public.The Reserve Bank of India has been supplying fresh notes without staples to the banks and the members of public. It however observed that banks stapled these fresh n

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Fountain. The facility will be offered on Friday, February 14, 2003 between 10.30 a.m. and 1.30 p.m. at Bank of India, Main Branch, M. G. Road, Fountain, Mumbai-400 001. The above branch will also offer exchange facility of soiled and mutilated notes as part of the campaign. In order to make availab

With a view to enlarging the exchange facility to the public, the Reserve Bank of India has made special arrangement for distribution of packets of Rs.5 notes and coins in Dadar. The facility will be offered on Friday, January 24, 2003 between 11.30 a.m. and 2.30 p.m. at Punjab National Bank, N. C. Kelkar Road, Dadar (West), Mumbai-400 028. In order to make available clean currency notes to public in adequate quantity, the Reserve Bank has taken several steps in the r

Shri Vepa Kamesam, Deputy Governor, Reserve Bank of India, exhorted the banks to implement the Reserve Bank's instructions issued from November 2001 to do away with stapling of note packets and to introduce banding the packets with paper/polythene bands so that the life of the currency notes is increased. The Deputy Governor took a meeting of Chief Executives of public sector banks and other banks having currency chests in Delhi today to discuss matters connected with