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Send it in for new bills They can submit these currency notes with their respective central banks which would issue fresh notes.
A currency chest is a branch of bank in India. There are several different currency chests there and are used to store notes and coins for the reserve banks.
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2. Currency ChestsIn order that the Bank's obligations may be satisfactorily discharged without recourse to extensive and frequent physical remittance of notes and coins between various centres, the Bank maintains currency chests of its own at treasuries and branches of the banks at all important centres. In the State of Orissa, there are 130 Currency chests, the list of which is provided in the end. These currency chests are intended to facilitate the distribution, exchange and remittance of notes, including one rupee notes and rupee coins and small coins.(ii) RBI has launched a special drive under its clean note policy to withdraw all soiled and mutilated notes from the members of public and put in its place fresh and clean notes. In order to facilitate the members of public, to exchange such notes, RBI has delegated powers to all the 130 currency chest branches in Orissa to exchange soiled, torn, damaged/ mutilated/ defective notes. Soiled and cut notes should also be accepted over bank counters in payment of Government dues and for credit of accounts of the public maintained with banks. Reserve Bank of India, Bhubaneswar has opened three special counters, two for exchange of soiled notes of all denominations and one solely for exchange of mutilated notes. Notes which have turned extremely brittle or badly burnt, charred or inseparably stuck up together and therefore can not withstand normal handling, are also accepted at RBI Bhubaneswar for adjudication under a Special Procedure.
Send it in for new bills They can submit these currency notes with their respective central banks which would issue fresh notes.
In India currency notes are made in Nasik.
Who is the signatory on the Indian currency
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currency notes
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Reserve Bank of India's name features on Indian currency notes. It is a government bank. This banks publishes Indian currency.
The Reserve Bank of India is the governing body that issues currency notes and coins in India. the currency is India Rupee (INR)
Coins and notes are used as currency in Ireland.
It has the power to print currency notes of up to 10,000 rupees.
currency notes
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