Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring

02-Apr-2026 , 12:26:19 pm | By CASANSAAR print

Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring

RBI/DCM/2026-27/394
DCM (FNVD)/G-1/16.01.05/2026-27

April 01, 2026

The Chairman/ Managing Director/ Chief Executive Officer
All Banks

Master Direction on Counterfeit Notes – Detection, Reporting and Monitoring

In exercise of powers conferred under Section 35A and Section 56 of the Banking Regulation Act, 1949, Reserve Bank of India (RBI), from time-to-time issues guidelines/ instructions/ directives to the banks on detection, reporting and monitoring of Counterfeit Notes.

2. A Master Direction incorporating and updating the extant guidelines/ instructions/ directives on the subject has been prepared to enable banks to have all current instructions on Counterfeit Notes at one place for reference and the same is enclosed.

3. The circulars listed in Annex IX and all Master Circulars/ Directions earlier issued on the subject stand withdrawn from the date of issuance of this Master Direction.

Yours faithfully,

(Suman Nath)
Chief General Manager