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Daily Archives: May 29, 2022

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RBI report: Fake notes of Rs.500 doubled and Rs.2000 increased to 54.16% in 2021-22

Reserve Bank Functions and newsBy Surendra NaikMay 29, 2022

On Friday RBI released its annual report 2021-22, a statutory report of its central board of directors for the period April 2021-March 2022. As per the RBI report, counterfeit notes of all denominations increased in the financial year 2021-22. The RBI detected 101.9 per cent more fake notes of Rs. 500 denomination and 54.16 per…

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