Question: Which bank is piggy bank?

Piggy bank (sometimes penny bank or money box) is the traditional name of a coin container normally used by children. The piggy bank is known to collectors as a still bank as opposed to the mechanical banks popular in the early 20th century. These items are also often used by companies for promotional purposes.

What is chest balance limit?

The Committee, inter-alia, recommended that the Reserve Bank should encourage banks to open large Currency Chests (CCs) with modern facilities and Chest Balance Limit (CBL) of at least ₹ 10 billion. CBL of ₹ 10 billion, subject to ground realities and reasonable restrictions, at the discretion of the Reserve Bank.

How many currency chests are there in India?

How many currency chests are there in India? As per the 2019-2020 Annual Report released by the Reserve Bank of India, there are a total of 3,367 currency chests and 2,782 small coin depots in the country.

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