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Website explaining ways to detect counterfeit notes

The site also gives details of the number of fake currency notes detected

July 11, 2012 1:48 IST | India Infoline News Service
The Reserve Bank of India (RBI) has launched a website explaining ways to detect counterfeit notes.

The website called Pehchano Paise Ki Boli, Kyunki Paisa Bolta Hai gives visual presentation with pointers on currency notes of Rs. 10, Rs. 20, Rs. 50, Rs. 100, Rs. 500 and Rs. 1,000.

Consumers have the option to download posters of these currency notes, which can be used as reference to identify counterfeit notes. A documentary film on it can also be downloaded.

The link for this website is available on RBI's main website as well. The site also gives details of the number of fake currency notes detected.

The central bank said considering there were 64,577 million pieces of banknotes in circulation as on March 31, 2011, the detection of forged notes during 2010-11 was around 6.74 pieces per million pieces of banknotes in circulation.

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