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As per the RBI data, in 2011-12 as many as 5.21 lakh counterfeit notes were detected in the system.
The detection of fake Rs 500 notes surged 37.35 per cent year-on-year to 1,17,722 pieces in FY25—the highest level recorded in six years—according to the Reserve Bank of India's (RBI's) Annual ...
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RBI’s BIG decision on Rs 20 note, old notes will be…, new notes ...The RBI's objective is to provide citizens with better-quality, more secure currency notes. The enhanced security features in the new Rs 20 note is to reduce the risk of counterfeit currency.
According to the Reserve Bank of India’s annual report, the detection of counterfeit Rs 500 denomination notes (excluding specified banknotes) in the banking system increased by 37.35% year-on ...
With the RBI withdrawing Rs 2000 notes from circulation, counterfeit notes of Rs 2000 denomination fell 86.5 per cent to 3,508 pieces in FY25 from 26,035 in FY24.
The Reserve Bank of India (RBI) has given updates on the state of currency and coins in its latest annual report. The withdrawal process for Rs 2000 notes was done last year. By March 2025, 98.2% ...
More importantly, under the “Clean Note Policy” of the RBI, it has been decided to withdraw the Rs 2,000 denomination banknotes from circulation which have been old and soiled.
Bengaluru: Man booked for attempting to deposit 50 counterfeit notes of ₹2000 at RBI Updated - May 26, 2025 12:36 am IST - Bengaluru The Hindu Bureau READ LATER ...
The Reserve Bank of India (RBI) on Monday said 98.08 per cent of the ₹2,000 banknotes in circulation as on May 19, 2023, had been returned by November 29, 2024, with the remaining notes ...
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