Despite RBI clarification, no takers for Rs 10 coins in Hubballi
- | Tuesday | 20th February, 2018
The RBI has also advised banks to accept coins for transactions and exchange at all their branches.On Monday, several people in the twin cities received messages from RBI, reiterating the legal tender status of Rs 10 coins. The government banned the coins last year,” he said.Sanam, a sugarcane juice vendor, also refused to accept Rs 10 coin. A foodgrain shop owner at Gokul Road told TOI that he is not accepting Rs 10 coin as nobody in the city is accepting it. Hubballi: Even though the Reserve Bank of India RBI ) has repeatedly clarified the legal tender status of Rs 10 coins , business establishments in the twin cities have continued to stop accepting them. So far the RBI has issued Rs 10 coins in 14 designs and the public has been informed of their distinctive features.
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