Counterfeit currency detections rise 5.7% in FY26, led by ₹200, ₹500 notes: RBI
The Reserve Bank of India reported a 5.7% increase in counterfeit currency detections for the financial year 2025-26. The rise was primarily driven by fake ₹500 and ₹200 notes, with ₹500 notes being the most detected denomination. Additionally, the disposal of soiled banknotes saw a significant decline during the same period.
- ▪Counterfeit currency detections rose to 2,29,746 pieces in 2025-26 from 2,17,396 in the previous year.
- ▪Fake ₹500 notes increased by 20.5% to 1,41,907 pieces during the year.
- ▪Counterfeit ₹20 notes saw a sharp increase of 47.4%, rising to 373 pieces from 253 a year ago.
Opening excerpt (first ~120 words) tap to expand
Detection of counterfeit currency notes in the banking system rose 5.7% in 2025-26, led by a sharp increase in fakes found in ₹500 and ₹200 denominations, the RBI said on Friday (May 29, 2026).The total number of counterfeit notes detected increased to 2,29,746 pieces in 2025-26, up from 2,17,396 in the preceding financial year, RBI said in its annual report.Fake ₹500 notes remained the most detected denomination, rising 20.5% to 1,41,907 pieces during the year from 1,17,722 in 2024-25.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
Discussion
0 commentsMore from The Hindu — Top
