What is a “Currency Chest”?

Red Book
Red Book

What is the News? A Private Security Guard in Chandigarh has stolen Rs 4 crore from a Currency Chest of Axis Bank. What is a Currency Chest? Firstly, A currency chest is a place where the Reserve Bank of India (RBI) stocks the money meant for banks and ATMs. Secondly, Administered by: The RBI administers … Continue reading What is a “Currency Chest”?

Red Book
Red Book