R. Sairam

MADURAI: The Reserve Bank of India (RBI) will undertake a campaign to enlighten the public to spot counterfeit currency notes.

Camps to spot forged notes were being held across the StateTamil Nadu by the apex bank as part of its platinum jubilee (2009-10) celebration, said K.R. Anandha, Regional Director.

Speaking to The Hindu here on Monday, he said such measures had been fetching good results. Quoting an example, he said that in a recent incident, the Chennai police could go to Jharkhand to arrest the culprits acting on a tip-off by shopkeepers. This was possible due to the awareness the RBI had created. Once people became aware and refused to accept fake notes, it would become a major disincentive for the counterfeiters, he said.

150 more camps

Soiled note exchange melas were also being held across Tamil Nadu and about 150 such camps had been conducted this fiscal. As many camps would be conducted before March.

The apex bank was conducting sensitisation programmes to create awareness about RBI and how the bank, as a key policy institution, touched the lives of common man. Mr. Anandha was here to take part in one such camp held at Chekkanoorani.

“All banks have been told to have banking facility in every village with 2,000-plus population by March 2011.” Banks should also reach out to the public by way of technology-based solutions such as smart cards so that banking facilities were available at the customer’s doorsteps, he said. The camps were evoking good response with more and more villagers making use of their ‘no-frills zero balance’ accounts, he said.

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