Rs.18.46 lakh mutilated, soiled currency exchanged at camp

February 09, 2012 01:30 pm | Updated 01:30 pm IST - TIRUCHI:

: K. Manoharan, Deputy General Manager, Indian Bank, handing over new currency notes to a customer at a special camp organised by the bank for the exchange of soiled and mutilated currency notes in the city on Wednesday.

: K. Manoharan, Deputy General Manager, Indian Bank, handing over new currency notes to a customer at a special camp organised by the bank for the exchange of soiled and mutilated currency notes in the city on Wednesday.

The day-long special camp for the exchange of soiled and mutilated currency notes organised by the zonal office of the Indian Bank in association with Reserve Bank of India here on Wednesday evoked good response. The camp was held at the Rockfort branch premises of the Indian Bank in the city.

A total of 512 persons from across the district, including the customers of other banks, exchanged soiled and mutilated currency notes worth Rs.18.46 lakh at the camp.

K.Manoharan, deputy general manager and zonal manager of the Indian Bank, who inaugurated the camp, said that the main objective of the camp was to bring down the circulation of soiled notes.

C.T.Muthu, AGM, zonal office, explained to the customers the techniques to identify fake currency notes, and proper maintenance of notes. The bank had conducted similar camps in Pudukottai town and three other surrounding villages a week ago.

Jagannathan, branch manager of Tiruchi main branch, and Kumaravel, branch manager, Rockfort branch, were present.

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