Rbi On Fake Notes
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Feeding Of Fake Notes In Coin Vending Machines Led To UPI-Based Alternative: RBI
Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar said on Wednesday.
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Government's Fact-Check Refutes "Fake" Rs 500 Notes Claim
The government has clarified that the proximity of Mahatma Gandhi's image to the green stripe on a Rs 500 note does not indicate whether the currency is fake or not.
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Real Or Fake? Pic Of Rs 200 Note Is Viral On Social Media
While there is no official confirmation from the RBI, Internet was quick to find a picture of the 'new' Rs 200 note! The blue-coloured note which mentioned 'Rs 200' thrice started circulating on Twitter and WhatsApp.
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$184 Billion, 80 Per Cent Of Total Old Notes, Back In Banks, Says RBI
Banks have received 12.44 lakh crores or $184.24 billion in old 500 and 1,000-rupee notes till December 10, since the currency ban, the Reserve Bank of India said today. It also said that banks have so far issued 4.61 lakh crores in new currency to people over the counter and through ATMs. Prime Minister Narendra Modi had on November 8 announced th...
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New Rs 500 Notes In Odisha From Tomorrow: RBI
Reserve Bank of India, Bhubaneswar today said new Rs 500 notes will be available in different bank counters across Odisha from tomorrow and urged people to ignore rumours on circulation of fake Rs 10 coins.
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Accept Rs 500, Rs 1,000 Notes Only After Careful Scrutiny: RBI
Worried over circulation of fake currency notes of Rs 500 and Rs 1,000 denomination, the RBI today asked the public to make it a habit to examine the notes before accepting them in the usual course of transactions.
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Fear of Counterfeits Stops RBI From Issuing High Value Notes: Rajan
Acknowledging that people's wallets are thickening as they are required to carry more notes for errands, Reserve Bank of India Governor Raghuram Rajan on Friday said it is difficult to have currency notes of bigger denominations due to the fear of counterfeiting.
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RBI Withdraws Banks' 25% Compensation for Detecting Fake Notes
The Reserve Bank of India on Thursday said it has withdrawn the instructions on compensation to banks at 25 per cent of the notional value of counterfeit notes detected.
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Counterfeiters Lapping Up Rs 100, 1,000 Bills: RBI
Currency counterfeiters appear to have started focusing more on the Rs 100 and Rs 1,000 denominations, even though the traditional favourite Rs 500 bills continue to be the most to be faked by numbers, the Reserve Bank has said.
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Government to launch 1 billion Rs 10 plastic notes in five cities
Government will introduce 1 billion pieces of Rs 10 bank notes made of plastic on a field trial basis in five cities, Namo Narain Meena, minister of state for finance, said in Parliament on Tuesday.
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Feeding Of Fake Notes In Coin Vending Machines Led To UPI-Based Alternative: RBI
Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar said on Wednesday.
-
Government's Fact-Check Refutes "Fake" Rs 500 Notes Claim
The government has clarified that the proximity of Mahatma Gandhi's image to the green stripe on a Rs 500 note does not indicate whether the currency is fake or not.
-
Real Or Fake? Pic Of Rs 200 Note Is Viral On Social Media
While there is no official confirmation from the RBI, Internet was quick to find a picture of the 'new' Rs 200 note! The blue-coloured note which mentioned 'Rs 200' thrice started circulating on Twitter and WhatsApp.
-
$184 Billion, 80 Per Cent Of Total Old Notes, Back In Banks, Says RBI
Banks have received 12.44 lakh crores or $184.24 billion in old 500 and 1,000-rupee notes till December 10, since the currency ban, the Reserve Bank of India said today. It also said that banks have so far issued 4.61 lakh crores in new currency to people over the counter and through ATMs. Prime Minister Narendra Modi had on November 8 announced th...
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New Rs 500 Notes In Odisha From Tomorrow: RBI
Reserve Bank of India, Bhubaneswar today said new Rs 500 notes will be available in different bank counters across Odisha from tomorrow and urged people to ignore rumours on circulation of fake Rs 10 coins.
-
Accept Rs 500, Rs 1,000 Notes Only After Careful Scrutiny: RBI
Worried over circulation of fake currency notes of Rs 500 and Rs 1,000 denomination, the RBI today asked the public to make it a habit to examine the notes before accepting them in the usual course of transactions.
-
Fear of Counterfeits Stops RBI From Issuing High Value Notes: Rajan
Acknowledging that people's wallets are thickening as they are required to carry more notes for errands, Reserve Bank of India Governor Raghuram Rajan on Friday said it is difficult to have currency notes of bigger denominations due to the fear of counterfeiting.
-
RBI Withdraws Banks' 25% Compensation for Detecting Fake Notes
The Reserve Bank of India on Thursday said it has withdrawn the instructions on compensation to banks at 25 per cent of the notional value of counterfeit notes detected.
-
Counterfeiters Lapping Up Rs 100, 1,000 Bills: RBI
Currency counterfeiters appear to have started focusing more on the Rs 100 and Rs 1,000 denominations, even though the traditional favourite Rs 500 bills continue to be the most to be faked by numbers, the Reserve Bank has said.
-
Government to launch 1 billion Rs 10 plastic notes in five cities
Government will introduce 1 billion pieces of Rs 10 bank notes made of plastic on a field trial basis in five cities, Namo Narain Meena, minister of state for finance, said in Parliament on Tuesday.
