Lok Sabha Question No. 143 (UNSTARRED), answered on 2018-02-02
Subject: Scribbled Currency
Ministry: FINANCE
Asked by: PRITAM GOPINATH MUNDE, DHARMENDRA YADAV, VINAYAK BHAURAO RAUT, SHIVAJI ADHALRAO PATIL, ANANDRAO  ADSUL, KUNWAR PUSHPENDRA SINGH CHANDEL, Shrirang Appa Barne, SHRIKANT EKNATH SHINDE

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## Will thc luinisler of FINANCE be pleased  ro s(etc:

(a)  whethcr the GovcmmeDl  has issued  any direclions  vcrbal or wr;11en  lo all the nationalizcd  bank nol to accepl scribblcd currency  from  the customers and if so, the delails thereof  and lhe rcasons  behind  it alotg with Ihe rcrnedics  lor thc gcncral public  in this  regard;

- (b)  whethcr  thc Covomnrcnt  is a$'arc that natjonalized  banks are no! acccpting the scribblcd  curcncy  from rhe cuslomers  by saying  orders  from RBI urcludurg  Corporation Bank although  scribbled cunency  is being  disbursed through  bank Al Ms:
- (c)  if  so,  the  dctails Ihereof  and ifnot,  the  rcasons therefor  and by which  authority  lhe cuslmoers  are bcing dcnied by the banks;
- (d) whether thc Govemnrent has maintaired any data regardirlg such scribblcd  currencics arld if so, the dctails thcroof;
- (e)  *hcther the  (iovemmcnt  has any plan lo replace  scribbled curencies availablc  with  lhc c[stomers, if so, the details  lhcreof:  and
- (0 the aclion  proposcd by the Govemmcnl to solve this aculc  problcms  of the gcneral public and against the banks and thc progrcss  rnade so far in this  regard?

## ANSWER

## MINTSTER OF STATE lN THE MINISTRY OF FINANCE (SHRI P. RADHAKRISHNAN)

(a) to (0 Rescrve Bank  oflndia  (RBI)  has 'ror issucd  any inshrction  lo baDk not 1o accept scribbled  curreacy from it" "*an,".r. RBI had issued prcss rclcases daled Dccembcr 31, 20tl and Dccembcr  14' 2015, clarifying  that bank notes with writing/scribbling  on thcm continue  to be Iegal lmder. Bank nolcs  with writing on thcm are trcated  as soiled  rores  and can be dcposited in bank accounts or exchanged  al any bank branch,  in accordance to Reserve  Bank of India  (Nole  Rclund Rules),  2009. As parl of thc clearr  note  policy, soilcd  notcs received by banl<s arc withdrawn  from circulation- Il has bccn rcpo(ed  by RBI thal it docs nol havc any da1a on sffibblcd

Fu(her  lor the awareness  ofPublic:

- (ii) BIll fror; ln,'r t, tir* iss,. il15t ,!tiu'i ; Larrks  to urgarrizt  exclLauge  rrelas  lo mr'rp  up soiled  and mutila(cd banknotes  from circulalion
- (i)  RBI has adviscd  all tlle bank branches to display at thet branch  prcmiscs  at prominent  place' a board indicating  the  availabiliry  ofnoles  cxchange  facilrty for informalion  ofgeneral  publjc'
- (iii)  RBI  pcriorlically  issues  Prcss Relcascs  appcaliog  to the mernbers of public,trot to inscnbe anvthins  on '  'tor*oota,iao[o*g..rtenotes*tl"#t'trtt'1lrtl.inidcntirv'mgrhcieaturesolqc$uinebasknoies'