Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » India
1-min read

BSF in Talks With RBI to Train Jawans to Identify Fake Notes

BSF is in talks with Reserve Bank of India (RBI) for imparting training to its troopers for identifying fake notes smuggled through Indo-Bangla border.

Press Trust Of India

Updated:February 12, 2017, 11:20 AM IST
facebookTwitterskypewhatsapp
RBI, Reserve Bank of India, OTP, Online Payments, Freecharge, Ola
File photo of Reserve Bank of India (Photo: Reuters)

Kolkata: BSF is in talks with Reserve Bank of India (RBI) for imparting training to its troopers for identifying fake notes smuggled through Indo-Bangla border.

The paramilitary force and intelligence agencies are having sleepless nights over consignments of counterfeit Rs 2,000 notes being seized from the border in past one month.

"A number of counterfeit notes that has been recovered by security agencies are a matter of concern. The security features have been expertly replicated, half of the security features of the new Rs 2,000 notes is there in the fake notes.

We are in talks with RBI for a training program for our soldiers and officers on ground duty for identifying fake Rs 2000 notes. Hope we will be able to do it very soon," a senior BSF official told PTI on condition of anonymity.

"We want our soldiers and officers to have a proper idea on how to identify fake and real notes, either by use of technology or physically. There are 17 features in the Rs 2000 notes, we want our jawans to be well trained in spotting fake notes, even with a high number of security features replicated," another BSF official said.

The booming trade in fake Indian currency notes using the porous Indo-Bangla border especially in the Malda-Murshidabad district was believed to have taken a hit after demonetisation of Rs 1000 and 500 notes.

But alarm bells rang when counterfeit Rs 2,000 notes, which have replicated nearly 50-60 percent of the security features, were seized.

The central security agencies and police intercepted few consignments of Rs 2,000 notes between December 2016 and January from areas near Malda district.

On February 8, West Bengal Police arrested a youth with 40 fake Rs 2,000 currency notes from Murshidabad district, which is termed as the biggest such haul from the porous Indo-Bangla border region post demonetisation.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

| Edited by: Puja Menon
Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results