By Admin 
Fake currency: The number of fake notes in the country is constantly increasing. The Reserve Bank of India (RBI) said in its annual report of 2024-25, “In FY 2025, the identity of fake notes of 500 rupees (except some banks) increased by 37.35 percent to 1,17,722 compared to last year. This number is the highest in the last six years.
However, the total number of fake notes caught by the banking system declined to 2,17,396 in FY 25, which was 2,22,638 last year. In contrast, there has been a drastic decline of 86.5 percent in the number of fake notes of 2000 rupees and it has come down from 26,035 to 3,508 high levels in FY 24 to 3,508. This decline came after the RBI’s decision to withdraw the 2000 rupee note on 19 May 2023.
By April 30, 2025, 2000 rupee notes worth Rs 6,266 crore were in trend. According to the report, till September 1, more than 93 percent i.e. a large part of about 3.56 trillion rupees of the 2000 note has been deposited in the bank. Fake notes with low value are also in the market. The number of counterfeit notes worth less than Rs 200 increased to 32,600, while the number of counterfeit notes of 100 rupees has come down by about 23 percent to 51,069. Meanwhile, the currency (CIC) in the trend – which is 76.9 percent of the reserved currency – improved by 5.8 % in FY 2025, while it was 4.1 % a year ago.
In the circulation, both the value and volume of bank notes have increased by 6 percent and 5.6 percent respectively. Among the notes present in the circulation, 500 rupee notes have the highest share, which is 86 percent in terms of value and 40.9 percent in terms of volume. After this, the share of 10 rupee notes is 16.4 percent. The RBI report also mentioned the increase in digitally transaction.
Also read:
Now food oil will be cheaper, this decision of the government will breathe peacefully