Reserve Bank of India has framed a new set of Note Refund Rules known as Reserve Bank of India (Note Refund Rules) 2009 and has been notified  in the Gazette of India on August 04, 2009 and came into force with immediate effect .The new set of rules are simplified and easy to comprehend. These rules are also available on RBI website www. rbi.org.in.

G. Raghuraj
Deputy General Manager

Press Release: 2009-2010/424