Reserve bank of India directs all banks to accept denomination coins from public

Posted on:18 Feb 2018 09:00:02
Reserve bank of India directs all banks to accept denomination coins from public
18 February 2018 Current Affairs: The Apex bank issued a notification in Mumbai, saying such denial of service causes inconvenience to the public at large as shopkeepers and traders refuse to accept coins for payment of goods and services.

The branches to accept coins of all denominations tendered at their counters either for exchange or for deposit in accounts

Also, RBI advised all banks to accept coins, particularly in one and two rupee denominations by weightment or sachets of 100 coins each.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs 2018 July

17 JULY
NEWS
16 JULY
NEWS
15 JULY
NEWS
14 JULY
NEWS

Current Affairs 2018 June

30 JUNE
NEWS
29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS

Current Affairs 2018 May

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
28 MAY
NEWS