Mumbai: The Reserve Bank said banks should carry out CCTV coverage of all cash handling operations in currency chests, including packing of soiled note remittance, to avoid any mischief or irregularity. RBI in a notification said that it was brought to its notice that the work of packing of soiled note remittance by a currency chest was undertaken outside the strong room/vault resulting in CCTV failing to capture operations of packing of remittance.
RBI, in 2008, had directed banks that coverage of CCTVs surveillance should also cover all cash operations in the vaults/strong rooms and other cash handling areas to identify any mischief/irregularity. "We reiterate that all the instructions on remittance of soiled notes issued from time to time must be followed meticulously," RBI said.
