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BAIT MONEY

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(Querist)
16 February 2009 what is BAIT money in relation to banks?
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K V Subba Rao

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K V Subba Rao (Expert)
17 February 2009 Soiled notes of small denomination kept in hand balance of identifying culprits in case of looting of bank cash is known as bait money

Source:
banker51.blog.co.in/2008/11/16/knowledge-bank-part-02/ - 48k

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