Tuticorin : A mela was organised by Industrial Credit Investment Corporation of India Bank, Tuticorin Branch, on Friday to exchange soiled and mutilated currency notes. Besides, coin mela was organised at the venue in the public interest. Collector Ashish Kumar inaugurated the programme in the presence of S. Ilango, Assistant General Manager, Reserve Bank of India. The programme was scheduled under the guidelines of RBI, Chennai. Nearly 400 customers benefitted from this programme after exchanging the soiled and mutilated notes valued at Rs.4,00,000 and coins to the tune of Rs.3,00,000. Besides, fresh currency to the tune of Rs.35, 00,000 was distributed to people. A fake note identification awareness was created by the RBI officials. “Traders and people hesitate to accept dirty and torn currencies though there is a guarantee clause from the Reserve Bank Governor. Banks need to replace the soiled notes and half or full torn notes with fresh ones when people demand. Such services could be rendered under the guidelines of the RBI refund rule 2009,” Krishnamurthy, Special Assistant, RBI, said. The ICICI Bank has been carrying out this exercise at regular intervals through Currency Chest called Integrated Currency Management Centre.
HBL
