Category : Search result: RBI currency fraud


RBI Governor Urges Collaboration to Fight Digital Fraud

RBI Governor Sanjay Malhotra urges banks and regulated entities to jointly develop analytics tools to proactively prevent digital fraud. He highlights the RBI's new AI model, MuleHunter.AI, and stresses that enforcement actions aim to correct, not punish.

Forex reserves fall $980 million to $686.80 billion

India's foreign exchange reserves declined by $980 million to $686.80 billion for the week ending May 17, as per RBI data. Explore the key factors behind this drop and its economic implications.

Temples & Monuments on Indian Currency Notes

Discover the iconic temples and historical monuments featured on Indian ₹10, ₹20, ₹50, ₹100, ₹200, and ₹500 notes. A visual journey through India's architectural heritage.

Man duped of ₹14.65 lakh in fake RBI currency scam

A Pune-based share market consultant was cheated of ₹14.65 lakh by men posing as RBI officials who claimed to convert black paper into real notes. Matunga police have registered an FIR. Read the full story.

Man duped of ₹14.65 lakh in fake RBI currency scam

A Pune-based share market consultant was cheated of ₹14.65 lakh by men posing as RBI officials, promising to turn black paper into real notes. Matunga police have registered an FIR. Read the full story.

Fake Currency Gang Busted in Kanpur, 2 Arrested

Kanpur police and SOG arrested two men from Mahoba with 225 fake Rs 500 notes. Equipment for printing counterfeit currency was also seized. Read the full details of the inter-district bust.

Bank of Baroda Manager Held for Rs 71 Lakh ATM Fraud

A Bank of Baroda assistant manager in Bantwal, Karnataka, has been booked for an ATM fraud of Rs 71.41 lakh. The scam was uncovered during an inspection that also revealed stolen gold worth Rs 55,000. Read the full investigation details.

Chandigarh man duped of ₹27 lakh in cyber fraud

A Chandigarh resident was cheated of ₹27 lakh in an elaborate online scam. The fraudsters posed as officials from the Mumbai Crime Branch and RBI. Read the full story to learn how to protect yourself.

98.41% of Rs 2000 Notes Returned: RBI

The Reserve Bank of India reports that 98.41% of the high-value Rs 2000 banknotes have been returned to the banking system since their withdrawal. Read the full details and what it means for the economy.

Rupee's 2026 Start: RBI Vigilance Meets Thin Trading

Indian rupee traders assess the currency's near-term path after RBI's aggressive December intervention. With markets shut, a flat opening is expected. The rupee fell nearly 5% in 2025. Explore the forces shaping the rupee in 2026.

China's e-Yuan to Offer Interest from 2026

China plans interest payments on its digital yuan from 2026, aiming to boost adoption and challenge the dollar. This CBDC experiment could reshape global banking and finance. Read the full analysis.

India's Forex Reserves Surge to $693.32 Billion

India's foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, as per RBI data. Gold reserves saw a strong gain. Read the full analysis.

Kollam: Rs 15 Lakh Gold Scheme Fraud Case Registered

Kollam East police register a fraud case after a private institution fails to return Rs 15 lakh deposited under a gold scheme. The action follows intervention by the State Human Rights Commission. Read the full details.

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