RBI asks people to stop misusing currency notes

By IANS

Mumbai : The use of currency notes as a display of one’s social status or ardour or affection has struck a sour note with the Reserve Bank of India (RBI) which Wednesday appealed to the people not to misuse them.


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The central bank urged public not to use banknotes for making garlands, decorating pandals and places of worship or for showering on personalities at social events.

In a tersely worded statement, it asked people to refrain from such actions and not to “deface banknotes and shorten their life”.

“Banknotes should be respected as they are a symbol of the sovereign,” it said, asking people “not to misuse them”.

The central bank said it has taken all measures to supply clean banknotes across the country.

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