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Wednesday, February 22, 2017

State Bank of India (SBI) ATM in Delhi Dispenses Fake Rs 2,000 Notes by 'Children Bank of India'

SBI ATM in Delhi Spits Out Fake Rs 2,000 Notes by 'Children Bank of India'
A Delhiite’s trip to an ATM of the State Bank of India (SBI) revealed the extent of the fake currency racket in the country when the machine dispensed fake Rs 2,000 notes from the ‘Children Bank of India’.
The notes, withdrawn by one Rohit in Delhi’s Sangam Vihar Tigdi on February 6, look similar to the Rs 2,000 notes introduced after demonetisation last year. A closer look revealed the following anomalies:
- The notes said ‘Children’s Bank of India’ where the Reserve Bank of India’s name is written
- It said ‘Churan Label’ where the Ashoka Chakra should have been and is also ‘Guaranteed by Children Government’
- It has a ‘P.K’ label instead of the RBI seal
- Next to Mahatma Gandhi’s image it says "I promise to pay the barer two thousand coupens" instead of "I promise to pay the bearer the sum of ₹2,000…"
Shocked at having received such notes from an ATM of the country’s largest lender, the state-run SBI, Rohit first contacted his friend, who is a lawyer, and then informed the police. Rohit had withdrawn Rs 8,000 and all four Rs 2,000 notes dispensed by the ATM turned out to be fake. An FIR was registered Sections 489 B, 489 E and 420 of the Indian Penal Code and the State Bank of India was informed about the same.
The incident became fuel for social media humour and made 'Children Bank of India' one of the top trends on Wednesday Feb 22,2017



The incident comes days after the Border Security Force seized fake Rs 2,000 denomination notes near the Bangladesh border. The notes, however, were more similar to a genuine Rs 2,000 notes than the ones dispensed by the SBI ATM.

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