The heart of the Capital not only houses the nation’s central bank but also, ironically, the biggest piggybank of fake currency in the country, highly-placed sources said on Friday. In a first-of-its-kind initiative aimed at reducing ‘unnecessary paperwork, formal communication and toil’, the Parliament Street police station, located a stone’s throw away from the Reserve Bank of India (RBI), has now been made Delhi’s nodal collection centre for fake Indian currency notes (FICN). “Earlier, as per guidelines issued by the RBI, banks across the Capital were supposed to deposit all the fake currency notes they detected at their branches at local police stations annually,” said an officer.......
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