RBI orders stronger counterfeit-note checks at bank branches in border districts

Banks must install note authentication and sorting machines at branches in international-border districts, tighten counterfeit-currency reporting and train cash-handling staff by October 31, 2026.

— Filed Fri, 31 Jul, 2026, 17:47 IST · Source ET Small Business · Updated

RBI has directed banks to install note authentication and sorting machines at branches in international-border districts, strengthen counterfeit-note detection and reporting, and train all cash-handling staff by October 31, 2026.

Why this matters

The order extends RBI’s recent currency-management activity, following approved field trials for ₹10 and ₹20 polymer notes and a proposed ₹1 crore minimum for securitisation investments.

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