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RBI's clarification on Scribbling on Banknotes

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..... RBI's clarification on Scribbling on Banknotes - News and Press Release Dated:- 31-12-2013 - News - In the wake of rumours circulating in the market that from January 1, 2014, banks will not accept .....

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..... banknotes with anything written on them, the Reserve Bank has urged members of public not to fall prey to such rumours and to use their banknotes without any fear. The Reserve Bank of India has clarif .....

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..... ied it has NOT issued any such instructions. It has further clarified that it had issued instructions on August 14, 2013 only to banks advising them to instruct their staff not to scribble or write .....

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..... on the body of the banknotes since it was observed that the bank officials themselves were in the habit of writing on banknotes which went against the Reserve Bank s Clean Note Policy. Reiterating t .....

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..... hat writing or scribbling on banknotes works against its Clean Note Policy, the Reserve Bank has also sought co-operation from all members of public, institutions and others in keeping the banknotes c .....

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..... lean by not writing/scribbling anything on them. Alpana Killawala Principal Chief General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - tax .....

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..... managementindia.com - TMI - TaxTMI - TMITax .....

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