RBI asks people to stop misusing currency notes

March 12th, 2008 - 9:35 pm ICT by admin  

Mumbai, March 12 (IANS) 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. 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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