Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT
Technology â The Core Service Differentiator for The ... - IDRBT
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Currency Management and<br />
<strong>Technology</strong> – Opportunities Galore<br />
Currency Management - a <strong>for</strong>midable task in India<br />
given…<br />
• the geographical size, the volume and value of notes and coins in<br />
circulation, preference <strong>for</strong> cash and currency handling practices<br />
• ...but technology offers immense opportunities to improve<br />
per<strong>for</strong>mance<br />
RBI’s <strong>The</strong> Clean Note Policy (1999)<br />
Establishment of 2 state of the art currency presses<br />
<strong>Technology</strong> driven anti counterfeit measures<br />
48 fully automated Currency Verification & Processing Systems<br />
21 Shredding and Briquetting Machines<br />
INSTITUTE FOR DEVELOPMENT AND<br />
RESEARCH IN BANKING TECHNOLOGY<br />
October 9, 2004<br />
Vepa Kamesam, Chairman <strong>IDRBT</strong>