With a view to effectively deal with increasing circulation of banknotes, the Reserve Bank of India (RBI) has decided to set up an Automated Banknote Processing Centre (ABPC) in Jaipur for receipt, storage and dispatch of currency notes. The functions of the ABPC will also include processing of banknotes received from currency chests (CCs) and bank branches, and destruction of soiled banknotes in an automated manner, said the RBI's Request for Proposal (RFP) for engagement of consultant for comprehensive consultancy services for establishment of ABPC at Jaipur.
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