Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests

​The Reserve Bank of India’s Master Direction on Penal Provisions in Reporting of Transactions/Balances at Currency Chests, effective from April 1, 2025, mandates that all currency chest transactions be reported via the CyM-CC portal by 7 PM on the same day. Delays or inaccuracies in reporting will attract penal interest, calculated on a T+0 basis, to uphold the objectives of the Clean Note Policy and ensure accurate currency management.

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