Fake Currency: RBI constantly tells the countrymen to be alert about fake notes and circulation continues in this regard. Now RBI has expressed concern about fake currency in its annual report.
RBI Report On Fake Currency: The notes you are carrying around in your wallet and purse may be fake. The Reserve Bank of India (RBI) has expressed concern over this. According to the annual report of RBI, the infiltration of fake notes of Rs 500 in this circulation is continuously increasing. Let’s know what concern has been expressed by RBI. If ever you also come across fake notes, then understand here what to do in such a situation…
When how many fake notes were recovered
According to the information, in the year 2022-23, about 91,110 fake notes of Rs 500 were recovered. In 2021-22, 76,669 fake notes were caught. At the same time, in the year 2020-21, 39,453 fake notes of Rs 500 were caught. It can be seen here that fake notes of Rs 500 are 14.6 percent more in 2022-23 than in 2021-22. The recovery of fake notes is increasing year by year. This means that the infiltration of fake notes in the market is continuously increasing.
Do this when you get fake notes
- Taking out fake notes from ATM
- According to the rules of RBI, if fake notes come out from the ATM of a bank, then that bank will replace that note.
- If this happens, first of all inform the security guard present there.
- Keep in mind that you have to identify the fake note in front of the ATM itself.
- After this, both the front and back side of the note will have to be shown on the CCTV camera installed there.
Upon receipt of the transaction
If you get fake notes on a large scale, then take it to the nearest branch of RBI as soon as possible. Remember that you should have complete proof of this. Along with this, report it to your nearest police station as well.
Fake note found in bank branch
If a person comes to deposit fake notes in a bank and fake notes come out in that amount, then the bank can confiscate those fake notes and take further legal action.
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com
