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Window on Arts & Entertainment: July 1, 2021

Window on Arts & Entertainment: July 1, 2021
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Mismatch between credit and deposit growth rates hurting banks

Mismatch between credit and deposit growth rates hurting banks
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Striking a false note with photostat copies


Striking a false note with photostat copies
Updated:
Updated:
Man used fake notes for small transactions before an alert shopowner called his bluff
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Man used fake notes for small transactions before an alert shopowner called his bluff
The Panangad police on Wednesday arrested a 32-year-old man who allegedly used fake currency notes for financial transactions. He had allegedly used the notes for three transactions before an alert provisions store owner at Nettoor called his bluff and handed him over to the police.
Four fake ₹500 notes, which were actually photostats of original currency notes, were recovered from him. “He managed to take the photostat of the currency note on the pretext of using them for a film shooting. He had taken eight copies and had used three of them before he was caught during the fourth attempt. We have managed to identify all except one shop where he used it,” said A. Ananthalal, Station House Officer, Pana ....

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