Preservation of CCTV recordings

Last updated: 11 June 2021

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The Reserve Bank of India (RBI) has issued a directive for banks to continue preserving CCTV recordings from their branches and currency chests. These recordings cover the period from November 8, 2016, to December 30, 2016. This extension is in place until further notice, to support ongoing investigations by law enforcement agencies and court proceedings.

RBI/2021-22/51
DCM(Plg).No. 51961/10.27.00/2021-22

June 8, 2021

The Chairman & Managing Director
Chief Executive Officers
All Banks

Dear Sir,

Preservation of CCTV recordings

Please refer to our circular DCM (Plg) No. 1712/10.27.00/2016-17 dated December 13, 2016 wherein the banks were advised to preserve the CCTV recordings of operations at bank branches and currency chests for the period from November 08, 2016 to December 30, 2016, until further instructions, to facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes.

2. In continuation to the above, keeping in view the investigations pending with law enforcement agencies, proceedings pending at various courts, you are advised to preserve the CCTV recordings of operations at bank branches and currency chests for the period from November 08, 2016 to December 30, 2016 in a proper way, till further orders.

3. Please acknowledge receipt.

Yours faithfully,

(Sudip Malik)
General Manager

FAQ :

The notification is about the preservation of CCTV recordings from bank branches and currency chests.

The CCTV recordings cover the period from November 8, 2016, to December 30, 2016.

Banks are asked to preserve the recordings to facilitate coordinated and effective action by enforcement agencies and to support ongoing investigations and court proceedings.

The RBI has advised banks to preserve the recordings until further orders, meaning the period is extended indefinitely for now.

The original instruction was issued via a circular dated December 13, 2016.

Guest

Notification No : RBI/2021-22/51 DCM(Plg).No. 51961/10.27.00/2021-22
Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12110&Mode=0

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