Is there a 'FICN' hiding in your wallet?

.....RBI had observed that although 90%  of the currency chest are with the public sector banks, they are reporting a mere 10% of counterfeit notes, while private sector banks with less than 10% of currency chests are reporting 90% of such cases. Short-term solutions: In the meanwhile, alternatives like internet banking and mobile banking are being aggressively promoted. The rationale is that if we utilise technology and avoid using actual currency during certain transactions, it will help to curb the menace to a large extent.............

Read - DNA