rs 10 coin released by rbi
So far, the Reserve Bank of Indian has issued Rs 10 coins in 14 designs and the public has been informed of their distinctive features. All these coins are legal tender and can be accepted for transactions. The coins minted by the government mints have distinctive features to reflect various themes of economic, social and cultural values and are put into circulation from time to time.
He further added, “The banks accept the coin but they also hesitate to take-in large numbers of it.”
According to financial experts, the public believes rumors because of word-of-mouth and they hardly understand the guidelines.
Anwar adds, “Now RBI says Rs. 20 coins are going to be introduced. But what are we supposed to do with the Rs 10. coins that we have accumulated?”
8. The Reserve Bank of India (RBI) has also advised people not to give credence to such ill-informed notions and ignore them and continue to accept these coins as legal tender in all their transactions without any hesitation, the statement on November 20, said.
“It is clarified that the Reserve Bank puts into circulation, the coins minted by mints, which are under the Government of India. These coins have distinctive features to reflect various themes of economic, social and cultural values and are introduced from time to time,” said RBI in a statement.
Metrolife visited Malleswaram railway station and approached an official at the counter for a platform ticket.
The government released new Re 1, Rs 2, Rs 5, Rs 10 with refreshed design and attention towards the visually impaired citizens. The government has also issued new Rs 20 coins. Coins in this new series have been designed by the National Institute of Design with several differentiating features to make it easier for visually-impaired individuals to identify them. Not only distinctive markings, the coins will now get bigger and weigh more with the increase in denomination to make recognising them easier.
Features of new Rs 20 coin