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The Reserve Bank on Monday recommended banks to give shade from the solar and h2o to shoppers ready to exchange or deposit Rs 2,000 notes. It can be mentioned that in the course of the observe ban in 2016, there have been allegations of consumers dying whilst ready in queues to trade financial institution notes.
Subsequent the Friday’s announcement of withdrawing Rs 2,000 notes — the notes continue to be authorized tender contrary to demonetisation physical exercise — there had been concerns about shoppers facing inconvenience, specifically supplied the summertime becoming at peak.
“Banks are advised to give proper infrastructure at the branches such as shaded waiting around house, drinking h2o amenities, and so on. thinking about the summer time period,” RBI reported in a notification on Monday. It asked banking companies to provide the take note exchange facility throughout the counter to the public in the usual fashion, that is, as was remaining furnished earlier.
The banking regulator also asked banks to retain day by day information on deposit and exchange of Rs 2,000 notes.
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