Question : Currency Shortage

(a) Whether the Government has taken note of currency shortage in Public Sector Banks in many regions of the country;
(b) If so, the details thereof along with the reasons therefor; and
(c) Whether the Government have taken prompt action to rectify the situation and if so, the details thereof ?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF FINANCE
(SHRI Pon. RADHAKRISHNAN)

a): RBI has not received any reference from public sector banks regarding currency shortage in the recent past. Position of fresh/ re-issuable notes in currency chests of banks are being monitored on regular basis by RBI and adequate supply of cash is being ensured.
b)& c) : Does not arise.
*******************

Download PDF Files