RBI has written a letter to managing directors, chairmen, and chief executive officers of all banks, asking them to inform investigating agencies about suspicious accounts and transactions
After withdrawing Rs 2000 currency notes on Friday (May 19), the Reserve Bank of India said that one of the important reasons behind the move was to root out corruption. Taking one more step in the same direction, the RBI has written a letter to the heads of all banks, directing them to take stern action against people holding fake Rs 2000 currency notes and suspicious accounts.
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RBI has written a letter to managing directors, chairmen, and chief executive officers of all banks, asking them to inform investigating agencies if they find any suspicious account or transaction activity at their respective banks.
The RBI has also asked the banks to stay alert about fake Rs 2000 notes, instructing them to take immediate action if they find anyone with a fake Rs 2000 note.
Not just suspicious account, the RBI has also asked the banks to report any suspicious transaction wherever needed.
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