Awareness Fridays: [Update] Guidelines on Detection and Impounding of Counterfeit Notes at Indian Banks
On the subject of detection and impounding of counterfeit notes by banks operating in India, the Reserve Bank of India notes that, Complaints are being received from the public that while impounding a counterfeit note, the tenderer is not informed the reasons for deeming a note as counterfeit. It is therefore advised that the format […]