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Banks with currency chest need to boost supply for crop: RBI
These banks with currency chests are, therefore, advised to make visible efforts to dispel the perception of unequal allocation among other banks and their own branches, RBI said. Earlier, on November 22, RBI in an advisory to banks had asked them to make cash available to farmers for rabi crop season. As these loans are given in cash, RBI has asked banks with currency chests to ensure adequate cash supply to district co-operative and regional rural banks.
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