Friday, November 30, 2012

Currency garlands: RBI in talks with Centre

........Responding to a query on whether currency notes are allowed to make garlands to felicitate public figures or grooms in marriages, the RBI said that it had appealed to the general public to refrain from using bank notes to make garlands, decorate pandals and  places of worship. The RBI said, in the press release issued on March 12, 2008, that such actions deface bank notes and shorten their life. “Bank notes should be respected as they are symbols of sovereign and the public should not misuse them so that the life of bank notes is enhanced,” the statement said........

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