Sunday, April 13, 2025

RBI clarification on forged

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Reserve Bank has described as “exaggerated” the alleged circulation on large scale forged hundred rupee currency notes bearing certain serials. “Such reports are highly exaggerated and should not be given credence,” an official Press release said. It added: No forgeries have come to notice in which the forgers may have succeeded in reproducing currency notes which cannot be distinguished easily from the notes issued by the Security Presses. The people should not be “carried away” by reports in the press which are misleading and create a wrong impression, it added.

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