RBI to set up Automated Banknote Processing Centre in Jaipur
Nitin Yadav
The Reserve Bank of India (RBI) has resolved to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for the receipt, storage and dispatch of currency notes.
The functions of the ABPC will also include processing of banknotes obtained from currency chests (CCs) and bank branches and destruction of soiled banknotes in an automated manner.