[www.keralites.net] RBI Clarifies

 

RBI: Scribbled notes are acceptable Mumbai: Banks will continue to accept currency notes that are scribbled on, the Reserve Bank of India (RBI) said on Tuesday, dismissing rumours that it has stopped banks from accepting such notes from Wednesday. "In the wake of rumours circulating in the market that from January 1, 2014, banks will not accept banknotes with anything written on them, the RBI has urged members of public not to fall prey to such rumours and to use their banknotes without any fear," RBI said in a notification. However, it reiterated that writing or scribbling on banknotes works against its 'clean note policy' and sought co-operation from public and institutions in keeping the banknotes clean.

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