RBI Master Directions 393/2026 Dated 011/04/2026 – Incentives for Currency Distribution and Exchange and Penalties for Deficiency in Service 

It introduces financial incentives for banks to establish and maintain currency chest (CC) infrastructure, exchange soiled and mutilated notes, and distribute coins, including additional benefits for rural and remote areas. It also prescribes strict penalties for deficiencies such as refusal to exchange notes, non-availability of coins, ATM cash-outs, counterfeit note circulation, reporting errors, and operational lapses in CCs. 

(Link: RBI aster Directions 393/2026 Dated 01/04/2026)

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