indian 10 rupees coin
A reporter took the train from Indiranagar to M G Road. She bought a token for Rs 15. The official took a Rs 10 coin without a murmur.
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He further added, “The banks accept the coin but they also hesitate to take-in large numbers of it.”
He further added, “The same is true for the banks. If I want to deposit hundred Rs 10 coins valuing ten thousand, the banks reject it by saying bluntly that they do not accept such large number of coins. Because of banks’ actions, the local shop owners start to reject the coin by giving support to the false claims of the wholesalers for the coin being fake. And the cycle goes on and on.”