Fake Indian currency notes News

Efforts had also been made to interfere with the intelligence agencies, which were exposing the fake currency racket.

Demonetisation was a pre-emptive strike on Pakistan's response to the surgical strikes.

Terming the invalidation of Rs 500 and Rs 1,000 notes as a "bold move" to check black money, the finance ministry today said no serious attempt of this scale was made in the past.

A man wanted in a case of trafficking of Fake Indian Currency Notes (FICN) has been arrested by NIA officials from West Bengal's Malda area.

The decision to demonetise higher denomination currency notes of Rs 500 and Rs 1000 will help pull out Fake Indian Currency Notes (FICN), whose face value is pegged at around Rs 400 crore by security experts, from circulation.

 Pakistan was printing good copies of Indian currency notes.

The accused was apprehended by the troopers while he was trying to smuggle in the fake currency under Sovapur border outpost area.

Pakistan's intelligence service, Inter-Services Intelligence (ISI) has set-up a factory in Dubai which is printing fake Indian currency notes.

A new numbering system and seven new security features will be incorporated in all currency notes, especially in high denomination Rs 1,000 and Rs 500 notes, in order to check the menace of Fake Indian Currency Notes (FICN).

More than 27.31 lakh pieces of Fake Indian Currency Notes (FICN), with face value of Rs 136.43 crore, were seized in three years through 2014, Parliament was informed Tuesday.