Fake notes of 50, 200 in circulation, RBI informs how to identify them


Share post:

RBI is celebrating Financial Awareness Week and is creating awareness about how people can identify a fake currency notes.

There have been many complaints and several reports have claimed that as people are being cautious about the higher denomination notes, hence people who are running a racket of counterfeit notes have now shifted their focus on circulating the lower denomination notes like Rs 100 and Rs 50.

The Reserve Bank of India (RBI) has come forward to raise awareness about fake currency notes of 50 and 200. People are being informed about how to identify the fake notes which are being circulating.

RBI is celebrating Financial Awareness Week. On the occasion, the central bank’s Regional Director Laxmikant Rao has imparted important information. He said that RBI is offering services and informing how people can identify a fake currency note. He also enlightened people on how the customers can register a complaint if he is are not satisfied with the service of the bank or has any other issue.

ALSO READ: Yes Bank, No Money Story

Newsletter Signup

Related articles from Tags

RBI withdraws Rs 2000 notes from circulation, Details to know

In a surprising move, the Reserve Bank of India (RBI) withdraws the Rs 2000 currency notes from...

Justice B V Nagarathna’s bold statement on demonetization, ‘Unlawful’ & ‘Vitiated’

Justice B V Nagarathna is news these days for giving bold statement on demonetization calling the move...

Supreme Court upholds demonetisation with a 4:1 majority verdict

The Supreme Court of India upholds the decision on demonetisation of currency i.e., 1000rs & 500rs ban...

10 lakh crore worth loans waived off by Modi government

10 lakh crore corporate loans have been waived in the last five years by the Modi government....

Charges on UPI / Digital payments, FM Nirmala Sitharaman clarifies

Digital payment charges have been in the headlines recently. Union Finance Minister Nirmala Sitharaman stated on Friday...

Lakshmi Vilas Bank To Be Merged With DBS Bank Of India

Lakshmi vilas bank merged with DBS bank, In a major development, the Reserve Bank of India has...

Yes Bank becomes Bankrupt: The No Money Story

‘Yes Bank’ is the 4th largest private sector bank in India, but now it is seriously trapped...