Are the Banks following the instructions issued by the RBI regarding the fake currency?
Ref: Banks asked by RBI to collect counterfeit notes and give credit to customers
Comment: Although RBI has given instruction to the Banks to give credit against the fake currency notes received by them at the time of depositing cash by their customers. Unfortunately ICICI Bank is not following these instructions. I narrate my experience as follows.
I deposited Rs. 25,000 in my son-in-laws (Mr.Tushar Udeshi) a/c no.......19270 on 3/11/15 in Panchavati, Nashik Branch. One no.Rs. 1000 note sr.no. 2AW 881051 was found fake. They impounded it but did not give credit against it. Only acknowledgement was given to me.
I wish some action was taken in the matter.
Name: Narandas Paleja
Email id: firstname.lastname@example.org