FAKE INDIAN CURRENCY NOTES (FICNS)-DETECTION, REPORTING AND MONITORING

MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification:

RBI/2026-27/220

DCM (FNVD) No.S1335/16.01.05/2026-27

July 31, 2026

The Chairman/ Managing Director/ Chief Executive Officer

All Banks

Madam/ Dear Sir,

Fake Indian Currency Notes (FICNs)-Detection, Reporting and Monitoring

Master Direction (MD) on Counterfeit Notes - Detection, Reporting and Monitoring dated April 01, 2026, prescribes comprehensive instructions to the banks on detection, reporting, and monitoring of counterfeit notes. In this regard, the banks are mandated to train all their employees handling cash about the security features of genuine banknotes to enable them for detecting counterfeit notes. All banknotes received by the bank shall b...