Shocking! Fake Rs 500, Rs 2,000 notes rise in numbers; even Rs 100, Rs 50 being counterfeited
The introduction of the new Rs 500 and Rs 2000 currency notes has failed to check counterfeiting. There was a sharp rise in the counterfeits of the new denominated currency notes of Rs 500 and Rs 2,000, according to the latest figures put out by Reserve Bank of India (RBI) in its annual report for 2017-18.
The introduction of the new Rs 500 and Rs 2000 currency notes has failed to check counterfeiting. Image source: DNA