RBI Directs Banks to Use Only BIS-Certified Note Sorting Machines as per IS 18663 | 2024 Standards for Accuracy
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Circular No. RBI/2024-2025/86 DCM (NPD) No.S2193/09.45.000/2024-25, Dated: 30.10.2024
Effective from 01.05.2024, RBI directed banks to deploy Note Sorting Machines (NSM) models that conform to BIS standards, specifically IS 18663: 2024, published on March 19, 2024. The Bureau of Indian Standards, in consultation with RBI and other stakeholders, established these standards to ensure consistent authentication and sorting of banknotes.
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