10 rupees coin news

10 rupees coin news

10 rupees coin news
As coins have longer life, Rs 10 coins of different designs and shapes circulate in the market at the same time
Offbeat | NDTV Offbeat Desk | Thursday August 24, 2017

The Indian 10-rupee coin ( ₹ 10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2019 design. However, the previous ₹10 coins minted before 2019 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 21 different designs for this denomination and are minted as circulating commemorative coins, this is used alongside the 10 rupee banknote.
The third design of the ₹10 coin, minted since 2011 features the lettering “भारत” on left and “INDIA” on right on the outer ring, and the year of mint and mint mark below. At the center part of the coin’s obverse is the Lion capital with the lettering “सत्यमेव जयते” below it. On the reverse it features 10 notches with the ₹ sign below it, and the number 10 below the ₹ sign. [6] [7]

10 rupees coin news
Confusion continues over Rs 10 coins, local shops reject tender
Hyderabad banks in predicament over Rs 10 coins, circulation takes a hit

10 rupees coin news
A local from Goa said, “There was an immense shortage of the coins a few months back. We were facing a lot of trouble because of the unavailability of coins for transactions. But for these four months, rupee ten coin is easily available and all types of these coins are accepted here.”
Some parts accept the coin, some parts reject the coin. Some shop owners take it while some reject it. Sometimes the banks accept the coin, sometimes they do not deposit it. All of this has left the public in a continuous state of confusion over the rupee ten coin.

10 rupees coin news
Reporters went as customers, without revealing their identity, and here is what happened:
Got lots of Rs 10 coins you couldn’t use?
You could visit a bank and put them in your account, advise banking experts..

References:

http://en.m.wikipedia.org/wiki/Indian_10-rupee_coin
http://m.timesofindia.com/topic/10-rupee-coin/news
http://www.indiatoday.in/education-today/gk-current-affairs/story/all-14-types-of-rs-10-coin-are-legal-tender-rbi-1148376-2018-01-18
http://www.deccanherald.com/metrolife/metrolife-your-bond-with-bengaluru/10-rupee-coins-are-still-refused-by-many-743538.html
http://en.m.wikipedia.org/wiki/Indian_10-rupee_coin