Commenting on the discrepancies, RBI spokesperson Alpana Killawala told TOI, “It is likely that notes with printing defect has got released due to the current rush. However, people can freely accept such a note in transaction or return it to RBI.”
Former Home Secretary GK Pillai also spoke to TOI, saying that counterfeiting is easier in Nepal, Bangladesh and Pakistan since they now have “sophisticated” mechanism. Experts said such discrepancies will increase the chances of counterfeit notes, pointing out the urgent need to check notes thoroughly before accepting them.
The government Thursday night, without any warning, stopped all over-the-counter exchange of notes. This morning, however, it said the exchange of notes can be done only at RBI counters.
(Sourced from agencies, feature image courtesy:oneindia.com)