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Reserve Bank of India emphasizes that CCTV coverage must for cash operations at currency chests

Posted on: 26/May/2014 10:51:06 AM
The Reserve Bank of India on Friday emphasized that banks must meticulously follow its instructions on CCTV coverage of all cash-handling operations in currency chests, including packing of soiled notes.
 
The diktat comes in the wake of one of the central bank�s regional offices reporting that the work of packing soiled notes by a currency chest was undertaken outside the strong room/vault, which resulted in the CCTV failing to capture the operations.