RBI/2011-12/135
DBOD.BP.BC. No. 26 / 21.01.001/2011-12
August 1, 2011
To,
The Chairmen / Chief Executives of
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir,
Misuse of Banking Channels - Issue and Payment of Demand Drafts for Rs. 50,000/- and above
Please refer to our circular DBOD.BP.BC.No.114/C.469(81) - 91 dated April 19, 1991 in terms of which demand drafts, mail transfers, telegraphic transfers and travellers cheques for Rs.50,000 a
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