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DETECTION OF COUNTERFEIT NOTES
Issues related to illegal, forcible border crossings discussed during India-Bangladesh talks: BSFIndia and Bangladesh border guards met in New Delhi to address critical issues. Discussions focused on preventing border crimes, including ...- Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBIAs energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust finan...
- Fake Rs 500 notes surge 20% as counterfeits rise across banking systemFake currency detection in India increased in 2025-26. The Rs 500 note became the primary target for counterfeiters, showing a significant ...
- 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 ...
- How to identify a fake Rs 2000 noteThe RBI has sent letters to banks/institutions to adhere "meticulously" to the central bank's master directive on dealing with forgeries.
- Rs 2,000 note withdrawn from circulation: If bank finds your note to be fake this is what will happenRBI has instructed all banks to follow the central bank's master direction on dealing with counterfeit notes in case any of the Rs 2000 not...
- 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...
- 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...
- RBI proposal: Varnished banknotes in your wallet soonRBI proposes to launch varnished banknotes on a field trial basis, as per its annual report for FY17-18 released today.
- How to spot fake currency and what happens if banks impound itAfter impounding a fake note, the bank is supposed to issue an acknowledgment in a prescribed format authenticated by both the cashier and ...
- 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...
- 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 ...
- Banks shouldn't send seized counterfeit currency notes to police: Home ministry to RBIHome ministry has asked the RBI to impress upon banks to handle seized counterfeit currency notes themselves if the number is up to four pi...
- RBI to compensate banks 25 per cent of losses for reporting fake notesRBI will compensate banks 25 per cent of the losses for reporting of counterfeit bank notes of Rs 100 and above to it and other authorities.
- 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.
- 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.
- RBI to review banks' mechanism to detect fake notes next monthRBI said it will review the status of implementation of instructions for authentication of notes by banks in the first week of Nov.
- 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...
- 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...
- Currency Capers: Forgers go for big notesAnti-national elements seem to have changed their modus operandi as far as counterfeiting of currency is concerned.
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