Kolkata Sebi, RBI Online Fraud: Police Issue Warning
Kolkata Police warns of rising online fraud using fake Sebi & RBI identities. Learn how scammers operate on social media and how to protect your investments.
Category : Search result: RBI currency fraud
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.
RBI Lateral Recruitment 2025 Registration Ends Today
The RBI Services Board closes the application window for 93 expert Grade C, D, and E posts today, January 6, 2026, at 6 PM. Apply now at opportunities.rbi.org.in before the deadline.
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.
RBI Clarifies Rs 2,000 Note Validity, Shares Exchange Steps
The Reserve Bank of India confirms Rs 2,000 notes remain legal tender but urges public to exchange them. Follow these simple steps for a smooth process.
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.
11,000 Fake Notes Worth Rs 34 Lakh Found in Delhi Banks
Delhi Police registers cases after 18 banks report nearly 11,000 counterfeit notes worth Rs 34 lakh. Investigation reveals sophisticated mixing with real currency. Read the full report.
US Suspends 6,900 Borrowers in $400M COVID Loan Fraud
The US SBA suspends 6,900 borrowers in Minnesota over a massive $400 million COVID loan fraud scandal. Key figures face bans and federal prosecution. Read the full investigation details.
India's Forex Reserves Rise to $696.61 Billion
India's foreign exchange reserves surged by $3.293 billion to $696.61 billion as of December 26, RBI data shows. Gold holdings led the increase. Read the full analysis.
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.
₹3,198 Crore Lost from 8.3 Lakh Bank Accounts
A staggering ₹3,198 crore was lost from 8.3 lakh bank accounts in cyber frauds in just three years. Learn how scammers operate and what you can do to protect your money.
RBI: Stablecoins Pose Risk to Financial Stability, Push for CBDCs
RBI warns fiat-backed stablecoins could undermine India's monetary control. Central bank urges global prioritization of CBDCs for safer digital payments. Read the full report.
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.
Ahmedabad: Rs 5.33 Lakh Fake Currency Seized, FIR Filed
Ahmedabad Crime Branch registers FIR after seizing 1,627 counterfeit notes worth Rs 5.33 lakh from banks. Investigation underway into currency racket. Read for details.
Rupee's 2026 Path Hinges on US Trade Deal, Capital Flows
After a bruising 2025 where the Indian rupee fell over 6%, its worst performance in Asia, the outlook for 2026 depends on US trade talks and foreign investor sentiment. Will it stabilize or slide further?
Kolkata BLO loses Rs 8.4 lakh savings in cyber fraud
A Kolkata school teacher and Booth Level Officer lost Rs 8.4 lakh in a sophisticated cyber fraud. The theft occurred in five transactions while he was busy with SIR work. Read the full story.
PIB, SBI Warn Customers of New APK Reward Scam
PIB and SBI warn of a new SMS/WhatsApp scam luring users with fake reward APK files. Learn how to stay safe as RBI reports a 194% surge in bank fraud value.
PNB reports ₹2,434 crore fraud by ex-Srei promoters
Punjab National Bank reports a massive ₹2,434 crore borrowal fraud to RBI involving former promoters of Srei Equipment and Srei Infrastructure Finance. Get the latest details.
Indian Rupee to Remain Under Pressure Through 2026: HSBC
HSBC report forecasts continued weakness for the Indian rupee, trading between 83-85 against the US dollar until 2026. Key factors include US Fed policy and RBI's strategic management.
Fake currency racket across 5 states busted, 5 arrested
Chandigarh Police busts an interstate counterfeit currency network active in 5 states, arresting 5 including a BBA student. Fake notes worth over ₹7 lakh seized.
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.
SBI Sees 16,000 Cyber Frauds, Digital Banking Risks Rise
SBI data reveals 15,956 cyber fraud cases from Jan 2024-Oct 2025, with losses of ₹118.47 crore. Experts warn of rising digital banking risks. Learn how to stay safe.
Hyderabad senior loses Rs 1.8 crore to lottery fraudsters
A 77-year-old woman in Hyderabad was cheated of Rs 1.8 crore in a nine-month cyber fraud involving fake lottery promises, forged RBI documents, and impersonation of Mukesh Ambani. Police have registered a case.
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.
Euro's Moment? Can It Challenge the Dollar as Reserve Currency
As the dollar faces instability, European policymakers see a historic opportunity to elevate the euro's global role. Explore the four key reasons why the euro could gain ground in international finance.
RBI's $10B FX Swap Eases Rupee Forward Premiums
The Reserve Bank of India's $10 billion USD/INR buy-sell swap announcement brings down forward premiums from peaks. The rupee spot trades steady at 89.70. Get the latest market analysis.
Rupee Gains 12 Paise to 89.51 vs US Dollar
The Indian rupee strengthened by 12 paise to 89.51 against the US dollar in early trade on December 24, 2025, following the RBI's announcement of substantial liquidity support. Read the full analysis of the forex market's reaction.
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