NEWS & ADVICE : PERSONAL LOAN
Fake currency found from PSU banks in Rajasthan
By Vaibhav Aggarwal
Jan 8, 2009
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The evidence of fake currency rackets have been increasing day by day. During a yearly check of currency, counterfeit notes in denominations of Rs 1,000 and Rs 100 have been found from the branches of two public sector banks in Jaipur.

The two banks from whose branches the fake currency was captured were State Bank of Bikaner and Jaipur (SBBJ) and the Bank of Rajasthan.

The RBI official found these notes from the bank branches during the checking, following which their deputy branch manager lodged an FIR with Bani Park police station in the city.

The police informed that there were 21 currency notes in total out of which 17 were in denomination of Rs 1,000 and 4 in denomination of Rs 100. These notes were recovered from collectrate branch of SBBJ and Jhotwara branch of Bank of Rajasthan.

However there is no idea as to which branch these fake notes were originally deposited. Both RBI and police are unclear about this fact. "Currency from other mini-branches across the city is deposited at these two branches. So it is hard to say from where these currency notes have come from. An inquiry has been initiated after RBI officials lodged an FIR on Monday," said Bhismraj Arya, in-charge of Bani Park police station.

Earlier also fake currency notes had been found from other PSU banks.

 


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