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Vol XXXVII (No. 1), 06 Jan 2009
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Reserve Bank counter fake currency racket, withdraw old notes




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Reserve Bank counter fake currency racket, withdraw old notes
MIL/Agencies, Aug 28, 2008. Author: IR Summary

New Delhi, India: August 28, 2008 - IR Summary/Agencies - Unearthing of Multi-crore fake currency in Uttar Pradesh has forced the Reserve Bank of India to find out some alternative to check the fake currency racket. The RBI, after a serious consideration, has issued orders for the withdrawal of all currency notes of years 1996 and 2000, taking effect from January 2009.



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