More than 90 per cent of the counterfeit notes detected in the banking system were of low quality and none of the major security features were compromised.
Bengaluru: Post demonetisation Rs 2,000 notes were ubiquitous and the note also bothered many as getting a change was a herculean task for the people. The Reserve Bank of India (RBI) had introduced the Rs 2,000 denomination currency notes after the Central government announced the demonetisation move. An RTI application filed by news agency IANS revealed that no new Rs 2,000
The RTI application filed by IANS disclosed that the Bharatiya Reserve Bank Note Mudran (P) Ltd printed 3,542.991 million pieces of Rs 2,000 notes in the financial year 2016-17, which drastically came down to 111.507 million notes in 2017-18 and was further reduced to 46.690 million notes in 2018-19.The