Assam: Counterfeit currencies worth Rs 10L recovered in Lakhimpur

RBI flags 37% rise in fake Rs 500 currency notes in 2024-25

Nagpur: The Reserve Bank of India has reported a massive rise in the number of counterfeit Rs 500 denomination notes. According to the Central Bank, the number of counterfeit Rs 500 denomination notes detected in the banking system surged by 37.3 per cent in the year 2024-25. As per the RBI, 1.18 lakh of fake Rs 500 notes (new design) worth Rs 5.88 crore were detected in the banking system during 2024-25, as against 85,711 counterfeit notes valu…

Assam: Counterfeit currencies worth Rs 10L recovered in Lakhimpur

North Lakhimpur: The streak of fake notes and counterfeit currencies returned to Lakhimpur’s Bangalmora in Assam after a lull of several years with the recovery of almost Rs 10 lakh of 500 denomination by police today. Police from Laluk Police Station in Assam, after a tip-off, intercepted a car near Laluk on Friday afternoon, which […] The post Assam: Counterfeit currencies worth Rs 10L recovered in Lakhimpur appeared first on NorthEast Now.