Fake Notes Of All Denominations Surge In Financial Year 2021-22: RBI Report

In the financial year 2021-22, fake bills of all denominations increased, according to a report by the Reserve Bank of India (RBI). In comparison to previous year, RBI discovered 101.9% more fake notes in Rs 500 denomination and 54.16% more false notes in Rs 2,000 denomination. Following the release of RBI report, Congress leader Rahul Gandhi and TMC MP Derek O'Brien criticized the government for its 2016 demonetization operation.