MUMBAI, India, April 1 -- Reserve Bank of India issued the following notification:
RBI/DCM/2026-27/395
DCM (NE) No.G-2/08.07.18/2026-27
April 01, 2026
The Chairman/ Managing Director/ Chief Executive Officer
All Banks
Madam/ Dear Sir,
Master Direction - Facility for Exchange of Notes and Coins
In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, read with sections 28, 38, 39, 58(1) and 58(2)(q) of the Reserve Bank of India Act, 1934, Reserve Bank of India (RBI), from time-to-time issues guidelines/ instructions/ directives to the banks on provision of Facility for Exchange of Notes and Coins to members of public.
2. A Master Direction incorporating and updating the extant guidelines/ instructio...