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    Rajesh Shukla
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    The Reserve Bank of India (RBI) has issued a master circular on the detection and impounding of counterfeit notes. The circular provides instructions from RBI on dealing with counterfeit currency notes. All branches of the agency bank, including currency chests, must carefully comply with RBI's directives on processes for detecting and confiscating fake notes. The full RBI circular is attached for reference and its contents are self-explanatory.

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    Forged currency notes rules

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    Counterfeit notes

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    The Reserve Bank of India (RBI) has issued a master circular on the detection and impounding of counterfeit notes. The circular provides instructions from RBI on dealing with counterfeit currency notes. All branches of the agency bank, including currency chests, must carefully comply with RBI's directives on processes for detecting and confiscating fake notes. The full RBI circular is attached for reference and its contents are self-explanatory.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    9 views1 page

    Counterfeit Notes

    Uploaded by

    Rajesh Shukla
    The Reserve Bank of India (RBI) has issued a master circular on the detection and impounding of counterfeit notes. The circular provides instructions from RBI on dealing with counterfeit currency notes. All branches of the agency bank, including currency chests, must carefully comply with RBI's directives on processes for detecting and confiscating fake notes. The full RBI circular is attached for reference and its contents are self-explanatory.

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    e-Circular

    AGENCY BANKING DEPARTMENT


    Sl. No. : 468/2017 - 18
    Circular No. : NBG/AGNYBKG-RBI-I/5/2017 - 18
    Date : Thursday - 27th July 2017.

    To all Branches/LHOs

    MASTER CIRCULAR: RBI


    DETECTION AND IMPOUNDING OF COUNTERFEIT NOTES

    RBI has issued Master Circular on the captioned subject vide their notification
    No. RBI/2017-18 /26 DCM (FNVD) G-4/16.01.05/2017-18 dated 20.07.2017,
    which is annexed to the Circular, the contents of which are self-explicit.

    2. RBI has also placed the circular on its website www.rbi.org.in. All
    operating functionaries are instructed to ensure meticulous compliance of RBI
    directives on detection and impounding of counterfeit notes. The instructions
    contained in aforesaid RBI circular are applicable to all branches including
    Currency Chests.

    (Dukhabandhu Rath)
    For Managing Director (NBG)
    Encl: As Above

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