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₹5.88 Crore in Fake ₹500 Notes Detected in FY25: RBI Report - PUNE PULSE

Summary by mypunepulse.com
The Reserve Bank of India (RBI) has reported a sharp increase in counterfeit currency, particularly in high-denomination notes, for the financial year 2024–25. According to the RBI's annual report, 1.18 lakh fake Rs 500 notes (new design) were detected, marking a 37.3% jump from 85,711 notes in 2023–24. The fake Rs 500 notes alone were
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mypunepulse.com broke the news in on Saturday, May 31, 2025.
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