Provide shade and water to those exchanging or depositing Rs 2,000 notes: RBI to banks


PTI, May 22, 2023, 12:03 PM IST

The Reserve Bank on Monday advised banks to provide shade from the sun and water to customers waiting to exchange or deposit Rs 2,000 notes.

It can be noted that during the note ban in 2016, there were allegations of customers dying while waiting in queues to exchange bank notes.

Following the Friday’s announcement of withdrawing Rs 2,000 notes — the notes continue to be legal tender unlike demonetisation exercise — there were concerns about customers facing inconvenience, especially given the summer being at peak.

“Banks are advised to provide appropriate infrastructure at the branches such as shaded waiting space, drinking water facilities, etc. considering the summer season,” RBI said in a notification on Monday.

It asked banks to provide the note exchange facility across the counter to the public in the usual manner, that is, as was being provided earlier.

The banking regulator also asked banks to maintain daily data on deposit and exchange of Rs 2,000 notes.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Will appear before Lokayukta for questioning in MUDA case, says CM Siddaramaiah

Lies have short life, Cong’s ‘fake’ narrative smashed: Fadnavis

Temple idols found desecrated in Hyderabad, case registered

SC junks plea against quashing of LOC issued to ex-house help of Sushant Singh Rajput

JPC chairman Jagdambika Pal to visit K’taka on Nov 7 to meet farmers protesting Waqf notices

Indian boxer Mandeep Jangra wins WBF’s world title

IOA submits ‘Letter of Intent’ to host 2036 Olympics in India

Related Articles More

CBI forms SIT to probe into Tirupati laddu adulteration allegations

Out on bail, murder accused shoots dead wife, three children in Varanasi

Delhi: Man held for killing brother-in-law for ‘ill-treating’ his sister

Lies have short life, Cong’s ‘fake’ narrative smashed: Fadnavis

Temple idols found desecrated in Hyderabad, case registered

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Clash between 2 groups leads to stone pelting at temple in Delhi’s Jahangirpuri

CBI forms SIT to probe into Tirupati laddu adulteration allegations

Bengaluru airport collaborates with Echoes of Earth festival for 5th consecutive year

Ex-PM Gowda jumps into campaign fray, seeks support for grandson in Channapatna bypoll

Will appear before Lokayukta for questioning in MUDA case, says CM Siddaramaiah

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.