Business
A man in Madhya Pradesh has received fake Rs 500 notes from a State Bank of India ATM, five months after demonetization which the government vowed would put an end to counterfeit currency.
Updated : Mar 25, 2018, 03:55 AM IST
Yet another case of Mahatma Gandhi's image missing from new currency notes came to light, as a man hailing in Madhya Pradesh's Morena district received illegal tender when he withdrew money from an ATM.
The latest victim is Gowardhan Sharma, who received the counterfeit Rs 500 notes from an SBI ATM.
A bewildered Sharma when to the security guard and showed him the notes. Then he called up on the phone numbers available at the ATM.
The State Bank of India officials assured later that the notes are good but probably there was printing mistake. It said that they would be replaced after being sent to the Reserve Bank of India (RBI).
Madhya Pradesh: Man receives Rs 500 notes from SBI ATM without Mahatma Gandhi's image in Morena. (29/04) pic.twitter.com/JEDAacr9YE
— ANI (@ANI_news) April 30, 2017
Earlier on April 25, a resident of Sheopur had received a Rs 2000 note from which Gandhiji's image was missing.A man in Madhya Pradesh has received Rs 500 notes from a State Bank of India ATM, five months after demonetization which the government vowed would put an end to counterfeit currency.
On November 8, 2016, when Prime Minister Narendra Modi announced demonetization, he said it would root out black money from the system, put a lid on counterfeit notes that are used to fund terror activities, and later added 'push to digital economy' to the narrative.
This isn't the first time an SBI ATM has dispensed fake currency notes. Earlier fake Rs 2000 notes were dispensed from an ATM in Uttar Pradesh's Shahjahanpur. Before that, another SBI ATM had dispensed notes with Children Bank of India printed on it instead of Reserve Bank of India and with Entertainment Bank of India in another instance.
An arrest had been made of the person who'd refilled the cash tray in a south Delhi ATM with fake notes.
(With Agency Inputs)