WebApr 24, 2024 · After a complaint is raised, the counterfeit notes are examined by the bank and if satisfied, the bank will issue an acknowledgment slip and impound those notes, following which the bank will file an FIR at the nearest police station. Read: In Pics: World Bank Says India Has Recovered From Demonetization And GST Impact, But Is It True … WebJul 21, 2024 · Master Circular – Detection and Impounding of Counterfeit Notes Please refer to the Master Circular DCM (FNVD) G-6/16.01.05/2016-17 dated July 20, 2016 consolidating the instructions issued till July 20, 2016, relating to Detection and Impounding of Counterfeit Notes.

RBI Slaps Rs 40 Lakh Penalty on SBI for Flouting Counterfeit Notes Norms

WebAs technology progresses so do the counterfeit threats. Learn all about modern day threats here. Spotting a Counterfeit. A comprehensive table of inspections you can make to … WebJul 6, 2024 · For cases of detection of Counterfeit Notes of 5 or more pieces, in a single transaction, the Counterfeit Notes should be forwarded immediately by the Nodal Bank Officer to the local police authorities or … iphone 7 starts playing music by itself

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http://corporatelawreporter.com/2011/07/07/rbi-master-circular-detection-impounding-counterfeit-notes/ WebMar 7, 2024 · "The Reserve Bank of India (RBI) has imposed, on March 01, 2024, a monetary penalty of Rs 4 million on State Bank of India for non-compliance with the directions issued by RBI on Detection and Impounding of Counterfeit Notes," the central bank said in a notification issued on Wednesday. WebMaster Circular – Detection and Impounding of Counterfeit Notes. Please refer to the . Master Circular DCM (FNVD) No.G-4/16.01.05/ 201-516 dated July 1, 2015 (updated on 28 Sept 2015) consolidating the instructions issued till Sept. 28, relating to , 2015 Detection and Impounding of Counterfeit Notes. TheMaster Circular has since been updated by iphone 7 stopped working suddenly