......Kolkarkar had submitted RTI queries with the RBI demanding number of fake notes recovered under RBI's Nagpur region (Nagpur, Vidarbha and Marathwada). In its reply, the RBI said the number of counterfeit notes detected by banks increased to 5.21 lakh pieces in 2011-12 from 4.35 lakh in the previous year, an increase of approximately 19%. The data shows that maximum counterfeit notes were detected for Rs 500 denomination followed by Rs 100.......
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