MUMBAI, India, April 24 -- Reserve Bank of India issued the following notification:
RBI/2025-26/31
DCM (NPD) No.S287/18.00.014/2025-26
April 24, 2025
The Chairman/ Managing Director/ Chief Executive Officer
All Banks
Madam/ Dear Sir,
Note Sorting Machines: Standards issued by the Bureau of Indian Standards -Revised Timeline for Implementation
Reference is invited to our circular DCM (NPD) No. S2193/09.45.000/2024-25 dated October 30, 2024 on "Note Sorting Machines - Standards issued by the Bureau of Indian Standards".
2. In view of representations received from various banks citing implementation challenges, it has been decided to extend the timeline for implementation of the instructions by six months i.e., up to November 01, 202...