How RBI reaches currency notes and coins to the people
Eight quick facts on how money is issued, managed and distributed in the country
The Reserve Bank ogf India's task of issuing, managing and distributing currency notes and coins is a meticulous one that involves a great deal of co-ordination and calls for a high level of security procedures, among other things.
A small lax anywhere in the currency supply chain could lead to mishaps of the kind that took place on Tuesday, when cash was stolen from the Chennai-bound Salem Express carrying about Rs 342 crore. ALSO READ: Special team to investigate Tamil Nadu train robbery Here are eight quick facts on how the RBI goes about doing its job: How currency is issued in ...
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First Published: Wed, August 10 2016. 22:16 IST