RBI moves against fake currency deposit

Top Stories

»	Sensex, Nifty open 1 pc lower amid West Asia tensions, weak global cues
»	India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc
»	RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance
»	Crude oil prices fall over 1 pc as ceasefire hopes ease West Asia concerns
»	Forced labour import curbs: US proposes up to 12.5 pc tariff on 60 countries, including India

SME Times News Bureau | 16 Feb, 2012
The Reserve Bank of India (RBI) Wednesday filed an FIR against nine banks in Lucknow on charges of depositing counterfeit currency to its vault here.

Shalini Sachan, the assistant general manager of the RBI, lodged the first information report (FIR) at the Gomtinagar police station.

The banks against whom the RBI moved include select branches of State Bank of India, ICICI Bank, Oriental Bank of Commerce, Indian Overseas Bank, Vijaya Bank, Bank of India, Syndicate Bank and Allahabad Bank.

RBI officials said fake notes totalling Rs.39,030 were deposited by these banks. The notes were in Rs.10, Rs.50, Rs.100, Rs.500 and Rs.1,000 denomination.