why 10 rupee coin not accepted

why 10 rupee coin not accepted

The first ₹10 coin minted in 2005 had a diameter of 27 mm and featured the lettering “भारत” and “INDIA” on the top, with Lion capital with ‘Satyameva Jayate’ in Hindi below at left, and the date of mint below it on the obverse. On the reverse of the coin it featured the “Four heads sharing a common body” – cross with a dot in each quadrant in the center, with the lettering “दस रुपये” and “TEN RUPEES” on the outer ring. [1] [2]
This coin is rumored to be a fake one due to chaos on social media. However, the Reserve Bank of India (RBI) issued an official statement to address these rumors declaring that the old the design prior to 2011 is valid and is legal tender. [5]

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?”
Moreover, Indian coins were given a facelift after the new banknotes post-demonetization. Last year, Prime Minister Narendra Modi launched new coins of Rs. 1, Rs. 2, Rs. 5 and Rs. 10. Interestingly, apart from redesigning already available coins, the government also has introduced a coin whose value is Rs. 20.

Why 10 rupee coin not accepted
Reiterating that the Rs 10 coins can be accepted, the automated voice also directs the listeners to the Reserve Bank to India’s site to go through a press release. “It has come to the notice of the Reserve Bank that in certain places there is reluctance on part of traders and members of public to accept ₹ 10 coins due to suspicion about their genuineness,” RBI said in a press release last week.
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Why 10 rupee coin not accepted
Bakery in Maruthisevanagar
Reporters went as customers, without revealing their identity, and here is what happened:

Hoteliers display D10 coins at the RBI office | NAGARAJA GADEKAL
Reacting to this, RBI spokesperson said that RBI holds regular interactions with banks. Coin melas are also organised for people to exchange coins and to address grievances. “Penal action will be taken on banks if they do not accept the coins. People can lodge their complaints against commercial establishments at any police station for not accepting Rs 10 coins,” the spokesperson added.