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Money Tips: How to identify a fake currency note? Where should you report it?

Money Tips: How to identify a fake currency note? Where should you report it?

Fri, Aug 18, 2023

According to the Reserve Bank of India guidelines, if you have received a fake note in a transaction, and do not remember where you got it from, you need to inform the bank or the police. Circulation of counterfeit currency is a punishable offence under Section 489A of the Indian Penal Code (IPC).

Here is how to check if your Rs 500 note is genuine or fake - Check RBI document

Here is how to check if your Rs 500 note is genuine or fake - Check RBI document

Fri, Feb 25, 2022

The Government of India's PIB Fact Check team on its Twitter handle has busted a fake news related to Rs 500.

Fake note crackdown: Rs 40 lakh penalty slapped on SBI by RBI; reason will startle you

Wed, Mar 07, 2018

Fake note crackdown: The Reserve Bank has slapped a penalty of Rs 40 lakh on SBI for not complying with its directions on detection and impounding of counterfeit notes. "The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of Rs 4 million on State Bank of India for n

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