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 banks 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.
