Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

Fake currency with Rs 92.18 Cr face value seized in 2020-21, highest since 2017

August 17, 2022 by adminficci News 0 comments

National Crime Records Bureau (NCRB) has revealed that fake currency with a face value of Rs 92.18 crore was seized in 2020.

This is 30.4% more than in 2017. Law enforcement authorities seized fake currency with a face value of Rs 28.10 crores in 2017

As per RBI, the value of counterfeit notes detected in the banking system has reduced from Rs 43.47 crores in 2016-17 to Rs 8.26 crores in 2021-22. In 2020, Rs 5.45 crores were detected by the RBI in the banking system.

https://newsmeter.in/data-stories/fake-currency-with-rs-9218-cr-face-value-seized-in-2020-ncrb-699342?jr=on

Prev
Next

Related Posts

Counterfeit products target of website
January 29, 2013

Mississippi Attorney General Jim Hood is hoping a new website dedicated to...

Malaysian woman caught for smuggling over 200 cartons of contraband cigarettes via Tuas Checkpoint
July 18, 2018

SINGAPORE - The authorities seized a total of 227 cartons and 1,366 packets of...

Police detain two found with Sh5.7m in Euros, gold bars.
March 19, 2019

People will detain for 10 days two people arrested in Kalama, Marsabit County,...

Pune: Fake Harpic, Lizol, and Tea Seized in Ambegaon Police Raid
April 1, 2025

Pune, 1st April 2025: The Ambegaon police have uncovered a warehouse stocked...