Business Standard

Counterfeit Currency

E-commerce policy to crack down on counterfeit makers, resellers

Counterfeit electronic goods, knock-offs of apparel, cosmetics and over-the-counter pharmaceutical products were common-place online

E-commerce policy to crack down on counterfeit makers, resellers
Updated On : 24 Mar 2020 | 3:35 AM IST

522,783 counterfeit notes detected in FY18 of which 63.9% detected by banks

In the new series of Rs 500 and Rs 2000 notes, fakes detected during 2017-18 were 9,892 and 17,929 as against 199 and 638, respectively during the previous year

522,783 counterfeit notes detected in FY18 of which 63.9% detected by banks
Updated On : 29 Aug 2018 | 10:59 PM IST

Detection of fake currency highest in eight years, a 40-fold increase

Private banks contribute the majority of reports, while the compliance levels of the PSBs lag

Detection of fake currency highest in eight years, a 40-fold increase
Updated On : 14 Jun 2017 | 1:29 PM IST