Financial Daily from THE HINDU group of publications
Monday, Apr 07, 2003
Financial Daily from THE HINDU group of publications Monday, Apr 07, 2003 |
|
|
|
|
|
Opinion
-
Letters Clean notes
It has been reported that the Reserve Bank of India has decided to get tough with banks that do not comply with its "clean-note policy". Though most banks have already started implementing the RBI's directive, there are a few facing resistance from employees. The RBI has rightly decided against the stapling of currency notes, which makes them deteriorate easily. Clean notes are conspicuous by their absence and one find notes heavily mutilated, dirtied, scribbled and crushed. There was a time when one could hope to get clean notes from Banks. But today it is not possible. One hopes the RBI's directive regarding clean notes will be implemented in letter and spirit by all financial institutions in the country. V. S. Venkatavaradan Salem
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|