Can I read Master Direction on Counterfeit Notes 2024 on EtoBox?

Master Direction on Counterfeit Notes 2024 by vikaschauhanz8023 is a document available to read on EtoBox.

What is Master Direction on Counterfeit Notes 2024 about?

The Reserve Bank of India (RBI) has issued a Master Direction on Counterfeit Notes for 2024, consolidating existing guidelines for banks on detection, reporting, and monitoring of counterfeit currency. This direction mandates that banks must impound counterfeit notes, provide receipts to tenderers, and report incidents to police authorities, while also establishing a Forged Note Vigilance Cell. The document outlines procedures for training staff, utilizing detection devices, and maintaining records related

Author

vikaschauhanz8023

Language

EN