A bank employee checks Indian currency notes using a note authentication and sorting machine at a bank branch after the RBI directed banks in border districts to strengthen counterfeit currency detection.
Economy, India, Policy

RBI Tightens Counterfeit Currency Checks, Banks In Border Districts Told To Install Note Authentication Machines

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The RBI has directed banks in border districts to install note authentication and sorting machines, strengthen counterfeit currency checks and train all cash-handling staff by October 31, 2026.