23% rise in fake notes in private banks

.....The private banks in the country, in a report submitted to the Reserve Bank of India (RBI), has stated that it had detected 4,62,865 counterfeit notes in 2011-12 as against 3,76,460 found in 2010-11. The counterfeit notes detected by these banks during 2009-10 stood at 3,34,948.......

Read - BS