Fake notes worth Rs.9.6 crore recovered in Nov. - News Summed Up

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Fake notes worth Rs.9.6 crore recovered in Nov.


5.3 crore of Rs.1,000 notes and Rs.4.3 crore in old Rs.500 notes. Fake currency with a total face value of Rs.9.6 crore was detected between November 10 and 27 during deposits and exchanges at banks after the Centre’s demonetisation move. 5.3 crore of Rs.1,000 notes and Rs.4.3 crore in old Rs.500 notes. High-denomination notes worth Rs.8.45 lakh crore hadbeen deposited in banks as of November 27, according to Reserve Bank of India data. The face value of the Rs.1,000 denomination fake notes detected in that period was Rs.14.30 crore.


Source: The Hindu December 03, 2016 17:27 UTC



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