Banks can not refuse to take notes of dirty or written notes. The Reserve Bank of India has warned the banks that action will be taken against refusing to take notes. In this connection, more than 250 complaints have come from Kanpur alone.
Reserve Bank of India has said that banks can not stop customers from filing dirty or written notes. Such notes should be considered 'useless notes' and should work under RBI's 'Clean Note Policy'.
The central bank clarified that the 'useless note' does not mean that the currency is out of the currency. There were frequent complaints coming from the Reserve Bank that the banks are refusing to take such notes of Rs 500 and Rs 2000, in which something has been written or which has been painted or the notes which have been discarded. Cashiers sitting at the bank counter argued that RBI has stopped taking such notes.
While giving a clarification on this, the RBI said that no instructions have been given to the banks regarding not depositing written or filthy notes. The banks were told that their staff did not write anything on the notes because most of the complaints were made by the banking staff. Also, these instructions have also been given that bad notes are not to be re-released.
RBI has clearly said that any bank which will come out in changing the bad note, will be penalized.
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