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May 11, 2010
Installation of Note Sorting Machines - Note Authentication and Fitness Sorting Parameters
RBI/2009-10/459 DCM(R&D)No.G-26/18.00.14/2009-10 May 11, 2010 The Chairman & Managing Director / Chief Executive Officer All Scheduled Commercial Banks (including RRBs) Scheduled State Co-operative Banks / Scheduled (Primary) Urban Co-op Banks Dear Sir/Madam Installation of Note Sorting Machines – Note Authentication and Fitness Sorting Parameters Please refer to paragraph 5 of our circular DCM. No. Cir. NPD. 3161/09.39.00 (Policy)/ 2009-10 dated November 19,
RBI/2009-10/459 DCM(R&D)No.G-26/18.00.14/2009-10 May 11, 2010 The Chairman & Managing Director / Chief Executive Officer All Scheduled Commercial Banks (including RRBs) Scheduled State Co-operative Banks / Scheduled (Primary) Urban Co-op Banks Dear Sir/Madam Installation of Note Sorting Machines – Note Authentication and Fitness Sorting Parameters Please refer to paragraph 5 of our circular DCM. No. Cir. NPD. 3161/09.39.00 (Policy)/ 2009-10 dated November 19,
Feb 19, 2010
Setting up of Cash Processing Centres - Recommendation of HLG
RBI/2009-10/320 DCM(Plg)No. G-18 /10.01.03/2009-10 February 19, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks Dear Sir Setting up of Cash Processing Centres – Recommendation of HLG We invite your attention to issue of a directive DCM (NPD)No. 3158 /09.39.00(Policy)/2009-10 dated November 2009 (issued under cover of our letter DCM(NPD)No. 3161/09.39.00(Policy)/2009-10 also dated 19 November 2009 enjoining upon the bank
RBI/2009-10/320 DCM(Plg)No. G-18 /10.01.03/2009-10 February 19, 2010 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks Dear Sir Setting up of Cash Processing Centres – Recommendation of HLG We invite your attention to issue of a directive DCM (NPD)No. 3158 /09.39.00(Policy)/2009-10 dated November 2009 (issued under cover of our letter DCM(NPD)No. 3161/09.39.00(Policy)/2009-10 also dated 19 November 2009 enjoining upon the bank
Nov 19, 2009
Installation of Note Sorting Machines
RBI/2009-10/228 DCM. No. Cir. NPD.3161/09.39.00 (Policy)/2009-2010 November 19, 2009 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks(Including RRBs)/ Scheduled State Co-operative Banks/ Scheduled (Primary) Urban Co-operative Banks Dear Sir, Sorting / Processing of Notes – Installation of Note Sorting Machines Please refer to paragraph 176 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on Octobe
RBI/2009-10/228 DCM. No. Cir. NPD.3161/09.39.00 (Policy)/2009-2010 November 19, 2009 The Chairman and Managing Director/ Chief Executive Officer All Scheduled Commercial Banks(Including RRBs)/ Scheduled State Co-operative Banks/ Scheduled (Primary) Urban Co-operative Banks Dear Sir, Sorting / Processing of Notes – Installation of Note Sorting Machines Please refer to paragraph 176 of the Second Quarter Review of Monetary Policy for the year 2009-10 announced on Octobe
Oct 30, 2009
Appointment of a Nodal Officer by banks in respect of their Currency Management Operations
RBI/2009-10/205DCM (Plg) No. 2701/10.01.03/2009-10 October 30, 2009 The Chairman / Managing Director All Public / Private Sector Banks Dear Sir Appointment of a Nodal Officer by banks in respect of their Currency Management Operations The High Level Group on Currency Management chaired by Smt. Usha Thorat, Deputy Governor, Reserve Bank of India submitted its Report in August 2009. The Group, inter alia, emphasized the importance of using modern technology and security
RBI/2009-10/205DCM (Plg) No. 2701/10.01.03/2009-10 October 30, 2009 The Chairman / Managing Director All Public / Private Sector Banks Dear Sir Appointment of a Nodal Officer by banks in respect of their Currency Management Operations The High Level Group on Currency Management chaired by Smt. Usha Thorat, Deputy Governor, Reserve Bank of India submitted its Report in August 2009. The Group, inter alia, emphasized the importance of using modern technology and security
Apr 25, 2007
Acceptance of Small Denomination Notes and Coins
RBI/2006-2007/349 DCM(NE)No. 7488 /08.07.18/2006-07April 25, 2007The Chairman and Managing Director/Chief Executive OfficerAll BanksMadam/Dear Sir,Acceptance of Small Denomination Notes and Coins A case involving refusal by a bank to accept demand draft involving fraction of a rupee came up before the Honourable High Court of Gujarat, Ahmedabad. The High Court of Gujarat, taking a serious view of the matter, has directed that appropriate steps may be taken in the matt
RBI/2006-2007/349 DCM(NE)No. 7488 /08.07.18/2006-07April 25, 2007The Chairman and Managing Director/Chief Executive OfficerAll BanksMadam/Dear Sir,Acceptance of Small Denomination Notes and Coins A case involving refusal by a bank to accept demand draft involving fraction of a rupee came up before the Honourable High Court of Gujarat, Ahmedabad. The High Court of Gujarat, taking a serious view of the matter, has directed that appropriate steps may be taken in the matt
Feb 12, 2007
Clean Note Policy - Sorting of banknotes
RBI/2006-2007/255 DCM (NPD) No. 5673/09.39.00/2006-07 February 12, 2007 The Chairman & Managing Director / Managing Director / Chief Executive Officer, All Banks having currency chests Dear Sir / Madam, Clean Note Policy – Sorting of banknotes In pursuance of the Bank's Clean Note Policy, the currency chest holding banks have been advised to automate the sorting of notes by installing Note Sorting Machines (NSM) at their currency chests. 2. It has been decided to
RBI/2006-2007/255 DCM (NPD) No. 5673/09.39.00/2006-07 February 12, 2007 The Chairman & Managing Director / Managing Director / Chief Executive Officer, All Banks having currency chests Dear Sir / Madam, Clean Note Policy – Sorting of banknotes In pursuance of the Bank's Clean Note Policy, the currency chest holding banks have been advised to automate the sorting of notes by installing Note Sorting Machines (NSM) at their currency chests. 2. It has been decided to
Jan 03, 2007
Installation of Coin Vending Machines
RBI 2006-2007/223DCM(Plg)No.G.11/ 10.87.07/2006-07January 3, 2007The Chairman/Managing Director/CMDs/Chief Executive OfficerState Bank of IndiaAssociate Banks, Nationalised Banks, Private Sector Banks(As per list)Dear Sir / Madam,Installation of Coin Vending MachinesAs you are aware, the Reserve Bank has been taking measures to ensure that adequate number of banknotes and coins are put in circulation so as to cater to the needs of people over a huge geographical area.
RBI 2006-2007/223DCM(Plg)No.G.11/ 10.87.07/2006-07January 3, 2007The Chairman/Managing Director/CMDs/Chief Executive OfficerState Bank of IndiaAssociate Banks, Nationalised Banks, Private Sector Banks(As per list)Dear Sir / Madam,Installation of Coin Vending MachinesAs you are aware, the Reserve Bank has been taking measures to ensure that adequate number of banknotes and coins are put in circulation so as to cater to the needs of people over a huge geographical area.
Jul 28, 2006
Master Circular - Facility for Exchange of Notes and Coins
RBI No. 93/2006-07 DCM (NE) No.732/08.07.18/2002-03 28 July 2006The Chairman & Managing Director of All Public Sector and Private Sector Banks, Foreign Banks and State Cooperative Banks. Madam / Dear Sir, Master Circular - Facility for Exchange of Notes and Coins Please refer to the Master Circular pertaining to the facility for exchange of notes and coins issued vide our letter DCM (NE) No. G-2/08.07.18/2002-03 dated July 5, 2002. Pursuant to the changes brought
RBI No. 93/2006-07 DCM (NE) No.732/08.07.18/2002-03 28 July 2006The Chairman & Managing Director of All Public Sector and Private Sector Banks, Foreign Banks and State Cooperative Banks. Madam / Dear Sir, Master Circular - Facility for Exchange of Notes and Coins Please refer to the Master Circular pertaining to the facility for exchange of notes and coins issued vide our letter DCM (NE) No. G-2/08.07.18/2002-03 dated July 5, 2002. Pursuant to the changes brought
Apr 26, 2006
Introduction of Star Series Numbering System
RBI/2005-06/375 DCM (Plg) No. G-48 /10.01.08/2005-06 April 26, 2006 The Chairman/ Managing Director / Chairman & Managing Director / Chief Executive Officer State Bank of India, Associate Banks Nationalised Banks, Private Sector Banks, Foreign Banks Regional Rural Banks, Urban Cooperative Banks Dear Sir/Madam Introduction of Star Series Numbering System Please refer to paragraph 207 of the Annual Policy Statement for the year 2006-07, a copy of which is enclosed.
RBI/2005-06/375 DCM (Plg) No. G-48 /10.01.08/2005-06 April 26, 2006 The Chairman/ Managing Director / Chairman & Managing Director / Chief Executive Officer State Bank of India, Associate Banks Nationalised Banks, Private Sector Banks, Foreign Banks Regional Rural Banks, Urban Cooperative Banks Dear Sir/Madam Introduction of Star Series Numbering System Please refer to paragraph 207 of the Annual Policy Statement for the year 2006-07, a copy of which is enclosed.
Nov 18, 2005
Master Circular - Facility for Exchange of Notes and Coins
RBI No. 210/2005-06 DCM (NE) No. 4559/08.07.18/2002-03 18 November 2005 The Chairman & Managing Director of All Public Sector and Private Sector Banks Madam / Dear Sir, Master Circular - Facility for Exchange of Notes and Coins Please refer to the Master Circular pertaining to the facility for exchange of notes and coins issued vide our letter DCM (NE) No. G-2/08.07.18/2002-03 dated July 5, 2002. Pursuant to the changes brought in the matter, we forward a revised
RBI No. 210/2005-06 DCM (NE) No. 4559/08.07.18/2002-03 18 November 2005 The Chairman & Managing Director of All Public Sector and Private Sector Banks Madam / Dear Sir, Master Circular - Facility for Exchange of Notes and Coins Please refer to the Master Circular pertaining to the facility for exchange of notes and coins issued vide our letter DCM (NE) No. G-2/08.07.18/2002-03 dated July 5, 2002. Pursuant to the changes brought in the matter, we forward a revised

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