RBI tightens counterfeit note checks
Synopsis The Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note authentication machines. All
Synopsis The Reserve Bank of India has directed banks to enhance counterfeit note detection. Branches near international borders must now have note authentication machines. All cash handling staff will receive training on security features by October 2026. Banks must analyze fake note data to identify trends and hotspots. This initiative aims to strengthen the identification and reporting of fake currency notes.
The BriefWire