Fake currency over Rs 10 crore deposited in bank in UP, FIR lodged

Last Updated: Tuesday, April 8, 2014 - 21:49

Lucknow: A private bank has alleged that fake notes having face value around Rs 10 crore were deposited in its different branches in the last eight years, police said on Tuesday.

Regional Head of the ICICI bank Manish Pandey lodged an FIR at Hazratganj police station alleging that fake currency notes worth Rs 10.77 crore were deposited in different branches between 2006 to 2014 in Uttar Pradesh and Uttarakhand, they said.
The matter is being investigated, said police.

Issuing an official statement, the private sector lender said: "ICICI Bank puts into circulation only clean and genuine notes, in line with the RBI`s Clean Note policy. As per the RBI guidelines, banks are required to report or file FIR whenever it detects fake notes".
"The police complaint filed by the Bank at Hazratganj, Lucknow on April 6, 2014 pertains to the period between February 2006 and March 2013 and is as per the regulatory guidelines," it added.

First Published: Tuesday, April 8, 2014 - 21:49
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