News

Ahmedabad police step up fake currency seizures; soon, mobile-friendly system to detect counterfeit notes
Ahmedabad police are tackling the circulation of fake Indian currency notes, particularly ₹500 and ₹100 denominations, often ...
The Tribune8y
‘Counting machines need recalibration for new notes’
Speaking on the issue Amrit Lal, secretary, Punjab Bank Employees Federation, said, “We have around 1.30 lakh bank branches in India ... note-counting machines adjustable to new currency notes ...
Business Today7y
No counting machines, but sophisticated currency verification units being used for scrapped notes: RBI
The Reserve Bank of India (RBI) is not using 'counting machines' for ... Rather, it is using "sophisticated Currency Verification and Processing (CVPS) machines for checking the numerical accuracy ...
Indiatimes1y
Why Apple had to install currency note counting machines in its Delhi and Mumbai stores
Apple has faced an unexpected challenge in India with cash payments, leading to the installation of currency note counting machines in Mumbai and Delhi stores. Sales in these stores show 7-9% cash ...
Hosted on MSN2mon
'Reverse Bank of India': Fake notes marked ‘for movie use only’ leave Karnataka cops in a tizzy
NEW DELHI: Uttara Kannada police were sent into a tizzy after a cache of fake Rs 500 currency notes marked 'for movie shooting purpose only' was found in a rented house in Dandeli’s Gandhinagar ...