On behalf of the business community, I wish to draw attention to the cash handling charge of Rs.12.50 charged by banks for every bundle of 100 for counting the currency notes tendered in denominations of Rs.10, 20, 50 and 100.
The business community — especially small traders — struggles from dawn to dusk every day to earn a slender profit in a highly competitive market. But the banks take away a substantial portion of the profit for just counting the currency notes.
H. Vasanthakumar,Chennai