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Home Personal Finance Indian Rupees Notes Holders Alert! RBI gave a big update about notes,...

Indian Rupees Notes Holders Alert! RBI gave a big update about notes, now notes will be expensive to use this place

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The currency should be used only in transactions under RBI’s clean note policy. It is prohibited from using it for decoration.

RBI Clean Note Policy: The Reserve Bank of India often gives new updates taking care of the safety of customers. Also keeps on cautioning them. Nowadays the wedding season is going on. Where people also use notes a lot. In many areas, there is also a tradition of garlanding the groom a garland of notes. At the same time, some people also use notes in trains and pandal decorations. Which according to RBI is wrong. Also advises not to do this.

This is RBI’s special policy

It has often been seen that the groom is garlanded by the groom of thousands and millions of rupees notes. This is very common in North India. 100, 200 and 500 notes are found in these garlands. Many cases of crimes related to it have also been reported in the news. According to the Clean Note Policy of RBI, currency should be used only in transactions under Section 35A of the Banking Regulation Act, 1949. It is prohibited from using it for decoration. Apart from this, the age of notes also decreases.

There will be loss

To save the currency, the central bank repeatedly keeps appealing not to blow the notes in people’s weddings and not misuse it. However, the matter of Herl is that there is no punishment for this action in India. However, in such a situation, there is a loss of customers. Because often the quality of notes deteriorate in such situations.

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