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Monday, July 20, 1998

"Resolve currency shortage" 

Our Bureau  
Mumbai, July 19: The All India Bank Depositors Association has asked the Reserve Bank of India to ensure adequate supply of currency notes and coins. The association presented its view to the one-man committee appointed by RBI and manned by SA Hussain, former executive director of RBI to look into the matter. The association bighlighted the problem of exchanging soiled notes and certain banks charging service fee for electronic clearance despite specific RBI directive to the counter.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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