With criticisms on demonetization and the quality of the new 2000 and 500 rupees notes on a rise, residents of Anekal town at the outskirts of Bengaluru received 2000 rupees notes without Mahatma Gandhi’s image from the bank. Some notes were completely blank on one side and the residents were furious at the discovery. When a resident discovered this while paying rent to his landlord he immediately went to the RBI office and demanded that he get the notes exchanged. The officials refused to do so as they thought the notes were fake. After gaining evidence from CCTV footage and observing the serial number of the notes, the officials were compelled to exchange the notes.
Recently farmers from a remote village in Madhya Pradesh’s Sheopur district also received a major shock when they received 2000 rupees notes without the image of Mahatma Gandhi. The farmers received these notes from The State Bank Of India’s Shivpuri Road branch and confronted them with the issue. Sheopur district Manager of SBI, Akash Shrivastav said,”The incident took place at Shivpuri Road branch of SBI. The notes were not counterfeit, but probably there was some printing error. They were taken back as soon as it (the error) was detected”. Apparently these notes were printed at Bank Note Press in Dewas, Madhya Pradesh.
There have been faulty notes being printed in a large scale after the demonetization movement. This case was owed to the shortage of printing ink. The notes are said to be legal tender and not fake. Many 500 and 2000 rupees notes have been misprinted. Some missing proper spellings and others without the security thread. Such notes were printed in Security Paper Mill in Hoshangabad. These incidents surfacing from multiple towns and villages question the standard of the new Indian currency notes and the uniformity that the RBI wants to maintain in the monetary sector.