92 crore deposit refused by RBI in Rajasthan

Jaipur, Aug 7: Reserve Bank of India (RBI) rejected to accept the deposit of Rs 92 crore from three national banks as the deposit did not arrive the place at the right time on Friday, Aug 6.

The van, carrying the wads of currency notes, was left stranded in front of RBI office gate and is surrounded by armed policemen.


The huge amount of money piled in 90 boxes, came from State Bank of India, Punjab National Bank and Grameen Bank branches in Alwar of Rajasthan.

As as the matter had been referred to the RBI headquarters in Mumbai, RBI GM of Rajasthan said, "I cannot answer media queries now."

"It happened for communication gap between the sender of the cash and RBI," said secretary of RBI association.

For the requirements of heightened security ahead of the Independence Day, the police expressed its inability to provide protection to the van carrying the cash at Gandhi Nagar police station.

According the sources, RBI was asked to allow the van inside the premises and clear the remittance during the night on Aug 6.

However, the van with the currency notes was allowed to park inside the RBI premises."