archivenews

Mumbai: The number of fake Indian currency notes detected in the banking system fell for the third consecutive year, reflecting improved security features and greater vigilance. According to RBI’s annual report for 2024-25, counterfeit notes identified dropped to 2,17,396 in FY25, down from 2,22,639 in FY24 and 2,25,769 in FY23.The decline was mainly seen in denominations of Rs 10, Rs 20, Rs 50, Rs 100, and Rs 2,000, although counterfeit Rs 200 and Rs 500 notes increased. RBI credited this trend to the modernisation of currency management and enhanced security...