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After the 2016 demonetisation exercise, there has been an increase in the seizure of fake currency, according to the National Crime Records Bureau.
The RBI claimed that counterfeit notes identified in the denomination of new Rs 500 notes increased by 31.3 percent in 2020-21 compared to the previous year.
Man In UP Tries To Deposit Fake Currency Notes In Bank, Detained The accused tried to deposit the currency notes at the SBI branch in Dishes police station area on Thursday when the cashier got suspicious. Representational image. Outlook Web Bureau 2021-02-26T15:10:10+05:30 Man In UP Tries To Deposit Fake Currency Notes In Bank, Detained outlookindia.com 2021-02-26T15:11:19+05:30 A man in Uttar Pradesh was caught trying to deposit fake currency notes in the denomination of Rs 500 having a face value of Rs 80,000 into his bank account on Friday. The man was detained a...