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RBI 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...

In the backdrop of the introduction of the new series of banknotes, the Reserve Bank said note authentication and fitness sorting parameter...

The machines, for which the central bank has floated a global tender, is proposed to be installed at its 18 regional offices throughout the...

ICICI Bank spokesperson said it has installed state-of-the-art note sorting machines that check the quality of millions of notes every day.

SBI has pointed out that the complainant has not approved the bank regarding fake notes being dispensed from their ATM.

In a meeting between banks, finance ministry and intelligence agencies, it was observed that a number of branches do not have such machines.

Soiled notes may soon be a thing of past as the Reserve Bank has asked all bank branches handling large amounts of currency to put in place...

The High Level Group on Systems and Procedures for Currency Distribution recommended enhancing security features on currency notes which ha...

You might have got fake notes from ATMs but banks appear to be in complete denial.

India's largest lender State Bank of India (SBI) on Wednesday launched its first Currency Administration Branch (CAB), an exclusive branch ...

RBI plans to step up the war against counterfeiting of bank notes by strengthening the surveillance system at bank branches near internatio...