Reserve Bank of India
DCM (Plg) No. 1679/10.27.00/2016-17
December 12, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ State Cooperative Banks
Detection of counterfeit notes in Specified Bank Notes (SBNs) – Reporting
Please refer our circulars DCM (Plg) No.1264/10.27.00/2016-17 and DCM (Plg) No.1291/10.27.00/2016-17 dated November 11, 2016 and November 16, 2016, respectively, advising banks to report detection of counterfeit notes from the SBNs received by them, on a daily basis.
2. In continuation to the above, the bank are advised to send branch-wise report on detection of counterfeit notes as under:
|Reporting Period||Report to be submitted by|
|November 10 to December 09, 2016||December 16, 2016|
|December 10 to December 16, 2016||December 23, 2016|
|December 17 to December 30, 2016||January 06, 2016|
The reports may be mailed as per the format enclosed.
3. Further, counterfeit notes detected in the SBNs received in exchange and deposits should be kept branch-wise, in a secured and segregated manner, so that further analysis, as necessary, can be conducted at a later stage.
4. Please acknowledge receipt.
(P Vijaya Kumar)
Chief General Manager
Encl: As above