TIOL-DDT 2264 · Thursday, 2 January 2014 · story 13 of 13

Banks will accept ‘scribbled notes' - but keep your notes clean - RBI

IN the wake of rumours circulating in the market that from January 1, 2014, banks will not accept banknotes with anything written on them, the Reserve Bank has urged members of public not to fall prey to such rumours and to use their banknotes without any fear. The Reserve Bank of India has clarified it has NOT issued any such instructions.

RBI has further clarified that it had issued instructions on August 14, 2013 only to banks advising them to instruct their staff not to scribble or write on the body of the banknotes since it was observed that the bank officials themselves were in the habit of writing on banknotes which went against the Reserve Bank's Clean Note Policy.

RBI has sought the co-operation of all users in keeping the banknotes clean by not writing/scribbling anything on them.

RBI Press Release, Dated: December 31, 2013