Master Circular – Detection and Impounding of Counterfeit Notes

Jul

21

2017

Master Circular – Detection and Impounding of Counterfeit Notes

posted by: corporate

RBI has issued Notification No. 26 dated July 20, 2017 to the Chairman/ Managing Director /Chief Executive Officer of All Banks and Director of Treasuries of all States regarding Master Circular – Detection and Impounding of Counterfeit Notes.

 

Please refer to the Master Circular DCM (FNVD) G-6/16.01.05/2016-17 dated July 20, 2016 consolidating the instructions issued till July 20, 2016, relating to Detection and Impounding of Counterfeit Notes. The Master Circular has since been updated by incorporating the instructions issued till date and has been placed on the RBI website www.rbi.org.in.

The Master Circular is a compilation of the instructions contained in the circulars issued by RBI on the above subject which are operational as on the date of this Circular.