The counterfeit notes detected in the denominations of Rs 10, Rs 100 and Rs 2000 declined by 11.6 per cent, 14.7 per cent and 27.9 per cent, respectively, it said.
Meanwhile, the RBI annual report pointed that around 91,110 pieces of fake Rs 500 notes were detected in FY23. This was a 14 per cent rise when compared to FY22 when 79,669 pieces of fake Rs 500 notes were detected.