top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What are RBI Currency Chests?

+2 votes
145 views
What are RBI Currency Chests?
posted Aug 17, 2017 by Swati Tyagi

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Currency chests are branches of selected banks authorised by the RBI to stock rupee notes and coins. The responsibility for managing the currency in circulation is vested in the RBI. ... These are sent to the currency chests and small coin depots from where they are distributed to bank branches.

answer Aug 18, 2017 by Shivaranjini
...