Current Affairs 9 April 2019 Digest 4: RBI's norms for banks to set up currency chests; India highest recipient of remittances in 2018

The Reserve Bank of India (RBI) issued the guidelines for banks to set up new currency chests. The area of the strong room or vault of the new currency chest shall be of at least 1500 square feet. India was positioned as the world’s top recipient of remittances with its diaspora sending USD 79 billion back home in 2018, as per World Bank.



from Jagran Josh http://bit.ly/2Kmx0mr
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