Yes, This is quite true. A complaint has been field about fake note being coming from ATMs reply to which Reserve Bank of India has issued instructions to banks on Monday January 8, 2007 to ensure that counterfeit banknotes are not dispensed through ATMs.
In the circular, it had instructed banks to stock their ATMs with good quality genuine notes and had said disbursement of counterfeit banknotes through ATMs would be treated as an attempt to circulate the forged notes by the bank concerned.
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