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COUNTERFEIT CURRENCY DETECTION
If neither black money nor counterfeiting were curbed, what did demonetisation achieve, asks CongressThe Congress on Friday claimed that counterfeit notes have become prevalent once again, labeling the government's claims of a reduction in ...16 Aug, 2024, 02.45 PM IST- 5 Cash Counting Machines for efficient cash managementManaging cash efficiently is crucial for businesses of all sizes. To streamline this process and ensure accuracy, cash counting machines ha...12 Aug, 2024, 08.15 PM IST
- This denomination saw the highest increase in counterfeit notes in FY22The RBI detected an increase of 10.7% in counterfeit notes of Indian denominations in FY22. A total of 6.9 percent of fake denominations we...30 May, 2022, 01.49 PM IST
- New designs of Rs 500 and Rs 2000 notes getting prone to counterfeits: RBI dataCounterfeit notes in the new design of Rs.500 which was introduced in 2016, increased by 121.0 per cent, while for Rs.2000, it increased by...29 Aug, 2019, 07.15 PM IST
- RBI to give details of fake notes deposited post demonetisation next weekAccording to RBI data, total value of counterfeit notes comprising all denomination notes amounted to Rs 30 crore as of end June' 16.25 Aug, 2017, 12.44 AM IST
- Demonetisation: RBI seeks details of fake currency from banks"In continuation by the same, the banks are advised to send branch-wise report on detection of counterfeit notes," the RBI said in a notifi...12 Dec, 2016, 08.51 PM IST
- RBI withdraws banks' 25% compensation for detecting fake notesThe Reserve Bank today said it has withdrawn the instructions on compensation to banks at 25 per cent of the notional value of counterfeit ...27 Aug, 2015, 11.22 PM IST
- Reserve Bank to incentivise banks for reporting counterfeit notesThe existing penalty for non-detection and non-reporting of counterfeit notes by banks is also being revisited, the Governor said.05 May, 2013, 11.34 AM IST
- Banks may be held responsible for ATM fake notesSubbarao said the central bank is working with the government to amend the law and make the source of counterfeit currency legally liable.08 Feb, 2013, 05.09 AM IST
- US invites India to visit fake currency detection unit: GovtThe US has invited a team of Indian officials to visit its facilities related to detection of counterfeit currency and offered to train off...17 Aug, 2012, 07.08 PM IST
- RBI launches website to explain detection of fake currencySeeking to spread awareness among public about fake notes, the Reserve Bank has launched a website explaining ways to detect counterfeit no...08 Jul, 2012, 11.44 AM IST
- 400 percent rise in fake currency circulation: Finmin reportAs fake currency continues to be pumped illegally into the country, a latest government report states that there has been a 400 per cent in...15 Jan, 2012, 05.15 PM IST
- Marginal dip in circulation of fake notes: RBIRBI released data showing that the proportion of counterfeit currency detected in the notes in circulation has marginally declined from eig...26 Aug, 2011, 09.32 AM IST
- Fake currency pumped into India as "policy matter": PranabIn a veiled reference to Pak, FM said pumping of counterfeit currency is used as policy matter by some countries to destabilise Indian econ...11 Aug, 2011, 10.08 PM IST
- RBI to step up vigil to check counterfeiting at border branchesRBI plans to step up the war against counterfeiting of bank notes by strengthening the surveillance system at bank branches near internatio...10 Sep, 2008, 04.02 AM IST
- Rs 5.5 crore of fake notes in circulationAccording to data released by the RBI, the value of fake notes detected in the year stood at Rs 5.5 crore compared with last year’s Rs 2.31...02 Sep, 2008, 12.49 AM IST
- Currency Capers: Forgers go for big notesAnti-national elements seem to have changed their modus operandi as far as counterfeiting of currency is concerned.31 Aug, 2007, 01.50 AM IST
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