Detection of fake â¹2,000 notes increased 2,700% in 2017-18
The detection of counterfeit â¹2,000 notes increased by 2,710% to 17,929 pieces in 2017-18, according to RBI's annual report released on Wednesday. The number of new â¹500 fake notes detected jumped by 4,871% to 9,892 pieces during the year compared to 199 pieces in 2016-17. Further, the number of fake â¹50 notes detected shot up 154.3% to 23,447 pieces.