MUMBAI -- RBI has asked banks to preserve CCTV recordings of operations at bank branches and currency chests to help law enforcement agencies in identifying people engaged in hoarding of new notes post demonetisation.
The Reserve Bank, in a notification issued on Tuesday, said banks should "preserve CCTV recordings of operations at bank branches and currency chests for the period from 8 November to 30 December, 2016, until further instructions".
The central bank said the move will "facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes".
Earlier in October, the RBI had asked banks to cover the banking hall/area and counters under CCTV surveillance and recording and preserve the recording to help identify people abetting circulation of counterfeit notes.
After demonetisation, there have been reports of hoarding of new currency notes by unscrupulous elements at various bank branches across the country.
The Income-Tax Department is carrying out raids across the country on a regular basis since demonetisation to nab new currency hoarders and several people, both individuals as well as bank officials, have been booked so far for carrying out such illegal activities.
The government has said abolishment of these high denomination banknotes is intended to bring back unaccounted money into the system, curb fake currency circulation as well as to deter terror financing.
Indian Temples And Erotic Sculptures
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Open Image ModalThis image is from the Khajuraho temples located in Madhya Pradesh in the small town named Khajuraho. The temples are famous for their nagara-style architectural symbolism and their erotic sculptures.
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Open Image ModalThe Khajuraho temple have a rich display of intricately carved statues.
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Open Image ModalThe artwork outside the temple, a tourist attraction, is a depiction of the four goals of Hinduism - Dharma, Artha, Kama and Moksha.
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Open Image ModalRanakpur Temple in Rajasthan is dedicated to Adinath (also known as Rishabha) the first Jain Tirthankar. The temple is situated close to Udaipur.
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Open Image ModalExplaining the structures in the temple, archeologist A.K. Coomaraswamy had said that the Indian sex-symbolism is ‘sacramental’ in its likeness to the union of the individual soul with the universal spirit.
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Open Image ModalSituated in Hampi, Karnataka, Virupaksha temple is a UNESCO World Heritage site and a part of a group of monuments.
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Open Image ModalThe Khajuraho Temples in Madhya Pradesh are amongst the most beautiful medieval monuments in India. Originally a group of 85, they are the largest group of Hindu and Jain temples in the world, although only about 25 of them remain today.
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Open Image ModalThe Sun Temple in Konark is known for 'Maithunas' which are the erotic sculptures on the temple walls.
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Open Image ModalThe Khajuraho Temples were built by the Chandella rulers between AD 900 and 1130, during the golden period of the Chandela dynasty. The images of Goddesses and Gods sculpted on the temple walls represent the many manifestations of the divine Shakti and Shiva, the female and male principles, the Yin and the Yang.