RBI plans a 4-5 year modernization of currency management infrastructure, including new centers, automation, and enhanced security.

The Reserve Bank of India (RBI) plans a comprehensive modernization of its currency management infrastructure over the next 4-5 years to address the cash demands of its growing economy. Key initiatives include establishing new currency management centers, warehouse automation, and enhanced security systems. This project aims to optimize processes, improve storage capacity, and ensure safety, aligning with global trends in currency management modernization.

September 15, 2024
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