**Summary:**
This policy directive, issued by the Reserve Bank of India (RBI) on October 30, 2024, mandates that all banks across India deploy only Bureau of Indian Standards (BIS) certified Note Sorting Machines (NSMs) conforming to Indian Standard IS 18663:2024, effective May 1, 2025. This standard, published in the Gazette of India on March 19, 2024, and developed in consultation with the RBI and other stakeholders, aims to strengthen the banknote sorting infrastructure nationwide. The standard is available at https:www.services.bis.gov.intmpLITD42522283070320241.pdf. This directive is a follow-up to the RBI circular DCM NPD No.S48818.00.14202223 dated July 1, 2022, concerning NSM authentication and fitness sorting parameters. For further information, contact Sanjeev Prakash, Chief General Manager-in-Charge, at cgmincdcmrbi.org.in, or by phone at 91-22-2260 3000/4000 or 91-22-2266 2442. The RBI's address is located at 1379, 400001.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the banking system and issuing currency.
Bureau of Indian Standards: The national standards body of India responsible for the formulation of standards.
Note Sorting Machines: Machines used by banks to sort banknotes based on various parameters like authenticity and fitness.
Gazette of India: An official publication of the Government of India, used for publishing official notifications and regulations.
NSM IS 18663: 2024: The standards for Note Sorting Machines as defined by the Bureau of Indian Standards.
Sanjeev Prakash: Chief General Manager-in-Charge at Reserve Bank of India.
Mumbai, Maharashtra: The city where the Reserve Bank of India's Central Office is located.
DCM NPD No.S488/18.00.14/2022-23: Reference number of circular by Reserve Bank of India, related to Note Sorting Machines.
भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
____________________________www.rbi.org.in_________________________
RBI/2024-2025/86
DCM (NPD) No.S2193/09.45.000/2024-25 October 30, 2024
The Chairman / Managing Director / Chief Executive Officer
All Banks
Madam / Dear Sir,
Note Sorting Machines: Standards issued by the Bureau of Indian Standards
Reference is invited to our circular DCM (NPD) No.S488/18.00.14/2022-23 dated July 01,
2022 on “Note Sorting Machines - Authentication and Fitness Sorting Parameters”.
2. With a view to further strengthen the banknote sorting architecture across the country, the
Bureau of Indian Standards (BIS) after due consultation with Reserve Bank of India and other
stakeholders, had published the standards for Note Sorting Machines (NSM) – ‘IS 18663:
2024’ in the ‘Gazette of India’ on March 19, 2024. The standards are available at
https://www.services.bis.gov.in/tmp/LITD42522283_07032024_1.pdf.
3. As a step further in this regard, it has been decided that effective May 01, 2025, banks
should deploy only such NSM models that conform to the aforesaid Indian Standards and are
duly certified by BIS.
Yours faithfully
(Sanjeev Prakash)
Chief General Manager-in-Charge
मुद्रा प्रबंध िवभाग, के�ीय कायार्लय, चौथी मंिज़ल, अमर िब��ंग, सर पी. एम. मागर्, पो� बॉ� सं. 1379, मुंबई-400001 (भारत)
फोन:+ 91-22-2260 3000 / 4000; फ़ै�: +91-22-2266 2442; ईमेल-: cgmincdcm@rbi.org.in
िह�ी आसान है, इसका प्रयोग बढ़ाईए