About Us

Currency Cycle Association (CCA) is the Self-Regulatory Organization as per Reserve Bank of  India (RBI) Notification RBI/2017-18/152, DCM (Plg) No. 3563/10.25.07/2017-18, dated the 6th April 2018, about “Currency Management Activities of the Banks – Standards for engaging the Service Provider and its sub-contractor”.

As per RBI’s mandate, Currency Cycle Association was formed by a group of Currency Management Companies companies, representing more than 90% of the overall Indian industry on 17th September 2018.

CCA has been set up as per the above notification to be the reference body regarding the proposal of new regulatory guidelines and towards compliance of the currency management activities and industry in India. In view of the above, the scope of CCA is much beyond the limits of the industry and its present members and hence welcomes all interested parties and stakeholders connected with the Currency Management activities in the country. Consequent to its setup, Insurance companies, ATM manufacturers, Currency processing machine manufacturers, Vehicle manufacturers, Private Security agencies, Managed Service Providers (MSP), etc. have shown their keen interest to become the members of the Association.

CCA demonstrates its independency, reputation and social recognition, by having eminent persons of repute and professionals. CCA has onboarded Mr. U S Paliwal (former Executive Director, RBI) as the Chief Executive Officer and Mr Mohan V Tanksale (former Chief Executive, Indian Banks Association (IBA) and Chairman & Managing Director, Central Bank of India).