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Misprinted banknotes: SBP says internal controls being 'further strengthened' - Markets

Clearing the air on the incident of misprinted banknotes, the State Bank of Pakistan (SBP) on Wednesday said...

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SBI customer says bank not ready to exchange mutilated Rs 500 note. Gets reply

SBI customer says bank not ready to exchange mutilated Rs 500 note. Gets reply
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Received Torn Or Mutilated Note from ATM Machine? Here's How You Can Exchange It From Bank

According to the Reserve Bank of India, notes which are in pieces and/or of which the essential portions are missing can also be exchanged. -- aaa

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Explained: Who designs Indian currency as Kejriwal urges to have Lakshmi-Ganesha photos?

The Department of Currency Management of the RBI is responsible for working on the design of the rupee note if it needs to be updated. Final approval of the currency note design comes from the Center.

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Received Torn Note From ATM? Here's How You Can Exchange It

Received Torn Note From ATM? Here's How You Can Exchange It
outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.

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Got a torn or mutilated currency note? You need to do THIS to exchange your note

How to exchange Torn currency Notes.
New Delhi: Did you try to withdraw ATM cash and one of the notes in the bundle was a torn or tattered note? Or did someone smartly try to pass off a brittle note and you accepted it inadvertently? If that happened, don't spend your time worrying as to how you can trick others into accepting the same from you. Instead, follow these guidelines as issued by the Reserve Bank of India.
As per RBI, a mutilated note is a note of which a portion is missing or which is composed of more than two pieces. Mutilated notes may be presented at any of the bank branches. The notes so presented shall be accepted, exchanged and adjudicated in accordance with Reserve Bank of India (Note Refund) Rules, 2009.

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