Press Information
Bureau
Government of India
Ministry of Finance
Government of India
Ministry of Finance
09-December-2016 17:47
IST
Supply of Currency to
Post Offices
After withdrawal of
the Legal Tender of Specified Banknotes (SBNs) various offices of Reserve Bank
of India have provided Rs.238 crores(approximately) in cash to the Department
of Post.
Necessary instructions
have also been issued by Reserve Bank of India vide DCM (Plg) No.
1508/10.27.00/2016-17 dated 02.12.2016 and DCM (Plg) No.1251/10.27.00/2016-17
dated 10.11.2016 to facilitate cash withdrawal by Post Offices from banks.
This was stated by
Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written
reply to a question in Lok Sabha today.
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