Another cache of fake notes seized by Guj police

Last Updated: Saturday, September 22, 2012, 21:34

In a span of 10 days, Gujarat police have seized another big cache of fake Indian currency notes.

Delhi: Fake currency racket busted, six arrested

Last Updated: Saturday, September 8, 2012, 21:24

Delhi Police on Saturday claimed to have smashed a fake currency racket here after arresting six persons, including four women, allegedly with counterfeit notes having a face value of Rs 1.92 lakh.

No estimate regarding increase in FICN in circulation: Govt

Last Updated: Friday, August 17, 2012, 19:18

There is no estimate about increase in circulation of fake Indian currency notes in the country, the Government has said.

RBI to launch plastic currency on pilot basis in 5 centres

Last Updated: Monday, July 9, 2012, 19:15

Amid instances of counterfeiting of notes, the Reserve Bank Monday said it is working on launching plastic currency and will soon launch a pilot project for the same.

RBI launches website to explain detection of fake currency

Last Updated: Sunday, July 8, 2012, 11:02

Seeking to spread awareness among public about fake notes, the Reserve Bank has launched a website explaining ways to detect counterfeit notes.

Fake notes worth Rs 1.82 lakh seized, two held

Last Updated: Tuesday, July 3, 2012, 12:59

On search, police seized a plastic bag from them containing the fake notes, allegedly printed by the accused through a computer.

Man sentenced for circulating fake notes

Last Updated: Friday, March 16, 2012, 20:53

A local court on Friday sentenced a man to ten years rigorous imprisonment for circulating counterfeit currency notes.

400% rise in fake currency circulation: Finmin report

Last Updated: Sunday, January 15, 2012, 15:46

The report, compiled by the Financial Intelligence Unit (FIU) under the Union Finance Ministry states that during 2010-11 financial year (till March 2011), the agency detected "4,23,539 incidents of Fake Indian Currency Notes (FICN) with a face value of over Rs 35 crore."

Fake notes seized, two held

Last Updated: Thursday, January 12, 2012, 17:07

Two persons were arrested for allegedly circulating counterfeit notes in Odisha`s Kenojhar district, the police said on Thursday.

Bill in LS for prevention of terror financing

Last Updated: Thursday, December 29, 2011, 17:02

A bill to provide for effective prevention of terror financing, counterfeiting of Indian currency and to raise the period of banning an unlawful organisation from two to five years, was introduced in the Lok Sabha.

Fake notes menace: RBI blames it on poor detection at banks

Last Updated: Tuesday, October 25, 2011, 22:21

Flagging the issue of the rising menace of counterfeit currency, as majority of banks are failing in effective detection, the Reserve Bank Tuesday said urgent steps will be taken to sensitise those within the system on the issue.