Monday, November 18, 2013

Karur to be clean currency district

MINT-FRESH:RBI Regional Director J. Sadakkadullah (centre) inaugurating the soiled currency exchange mela and KVB's micro-small branch at Balarajapuram in Karur district on Saturday.
..............The RBI has ambitious plans to have in place 150 coin vending machines in Tamil Nadu by December end through commercial banks. At least 50 of them will be installed in Chennai city, according to RBI Regional Director J. Sadakkadullah. This follows apex bank’s prioritising of replacing and replenishing soiled or mutilated currency periodically in a systematic manner and to ease the prevailing coin shortage...........

Read - The Hindu


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