Saturday, August 24, 2013

Fake Rs 1,000 notes increase 18%

You can never be too careful while dealing with Rs 1,000 notes. There has been a sharp increase in fake notes of this denomination during 2012-13, going by the number of notes detected. RBI’s annual report says 98,459 counterfeit notes of Rs 1,000 denomination were detected during the year, compared with 83,280 in the year-ago period. However, the number of total fake notes detected during the period come down to 4.98 lakh from 5.21 lakh in the previous year...........

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