AHMEDABAD: More than a 12 months and a half years after demonetization of high-value foreign money notes was introduced on November eight, 2016, banks are still counting those old notes and counterfeits of the old Rs 1,000 and Rs 500 notes are still being thrown up.
Surprisingly, banks also are finding ‘Children Bank’ notes and counterfeits of the brand new Rs 2,000 and Rs 500 foreign money notes. ‘Children Bank’ notes undergo a detailed resemblance to the brand new Rs 2,000 notes in the color scheme and design, apart from the phrases ‘Children Bank of India’ replaces the ‘Reserve Bank of India’ that happens in genuine notes.
The special operations staff of town crime branch lodged a criticism in regards to the restoration of three,747 counterfeit notes of more than a few denominations, with a face value of Rs 13,53,690, from 16 non-public and nationalized banks in Ahmedabad. An SOG official mentioned non-public and nationalized banks ceaselessly resort FIRs for conterfeit foreign money deposited with them.
“We had been surprised when the financial institution mentioned they discovered counterfeits of the demonetized Rs 1,000 and Rs 500 notice more than a 12 months and a half after demonetization. However, financial institution officers clarified that counting of demonetised notes continues to be below manner and counterfeits are being discovered as the process continues. Some 347 counterfeit notes of Rs 1,000 and 600 Rs 500 notes had been discovered at 16 banks,” added a senior SOG official. According to the FIR, amongst new foreign money notes, banks discovered 189 counterfeits of Rs 2,000 and 190 of Rs 500 denominations. “2,258 counterfeits of Rs 100, 155 of Rs 50, six of Rs 20 and two of Rs 10 denominations had been additionally discovered,” mentioned a senior SOG official.
SOG sources mentioned among the notes discovered at the banks, some had been torn, and others had been stuck along side adhesive tape and paper.
“Faded colors are clearly visible on some faux foreign money notes,” mentioned an official.
Even as banks resort FIRs every three months for faux notes, cops have not traced a unmarried particular person chargeable for depositing those counterfeits. Officials mentioned they have demanded CCTV photos of the banks for the last three months.
“However, it is very tough to spot the accused as soon as the notes are deposited in the financial institution. Banks will have to be vigilant enough to spot faux foreign money notes when they're being deposited. This will help us to catch the accused,” added an SOG official.
Surprisingly, banks also are finding ‘Children Bank’ notes and counterfeits of the brand new Rs 2,000 and Rs 500 foreign money notes. ‘Children Bank’ notes undergo a detailed resemblance to the brand new Rs 2,000 notes in the color scheme and design, apart from the phrases ‘Children Bank of India’ replaces the ‘Reserve Bank of India’ that happens in genuine notes.
The special operations staff of town crime branch lodged a criticism in regards to the restoration of three,747 counterfeit notes of more than a few denominations, with a face value of Rs 13,53,690, from 16 non-public and nationalized banks in Ahmedabad. An SOG official mentioned non-public and nationalized banks ceaselessly resort FIRs for conterfeit foreign money deposited with them.
“We had been surprised when the financial institution mentioned they discovered counterfeits of the demonetized Rs 1,000 and Rs 500 notice more than a 12 months and a half after demonetization. However, financial institution officers clarified that counting of demonetised notes continues to be below manner and counterfeits are being discovered as the process continues. Some 347 counterfeit notes of Rs 1,000 and 600 Rs 500 notes had been discovered at 16 banks,” added a senior SOG official. According to the FIR, amongst new foreign money notes, banks discovered 189 counterfeits of Rs 2,000 and 190 of Rs 500 denominations. “2,258 counterfeits of Rs 100, 155 of Rs 50, six of Rs 20 and two of Rs 10 denominations had been additionally discovered,” mentioned a senior SOG official.
SOG sources mentioned among the notes discovered at the banks, some had been torn, and others had been stuck along side adhesive tape and paper.
“Faded colors are clearly visible on some faux foreign money notes,” mentioned an official.
Even as banks resort FIRs every three months for faux notes, cops have not traced a unmarried particular person chargeable for depositing those counterfeits. Officials mentioned they have demanded CCTV photos of the banks for the last three months.
“However, it is very tough to spot the accused as soon as the notes are deposited in the financial institution. Banks will have to be vigilant enough to spot faux foreign money notes when they're being deposited. This will help us to catch the accused,” added an SOG official.
Banks still finding fakes among demonetised notes
![Banks still finding fakes among demonetised notes]()
Reviewed by Kailash
on
July 20, 2018
Rating:
