Both older and newer Rs 10 coins are valid: RBI

Meanwhile, banking facilities returned to normalcy in Meghalaya with few people seen lining up banks and ATMs.

By: PTI | Shillong | Updated: November 21, 2016 10:36 pm
rbi, reserve bank of india, 10 rs coin, new 10 rs coin, india news, indian express, The RBI, however, clarified that from time to time coins were issued with little changes.

Amid confusion over the validity of Rs 10 coins, the Reserve Bank of India today asserted that all such coins were legal tenders. “The Reserve Bank of India advise members of the public not to give credence to such ill-informed notions and ignore them and continue to accept these (Rs 10) coins as legal tender in all their transactions without any hesitation,” RBI Principal Adviser Alpana Killiwala said.

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Meanwhile, banking facilities returned to normalcy in Meghalaya with few people seen lining up banks and ATMs. However, the claims of “non-validity” of Rs 10 coins by rumour mongers has created confusion in the minds of people. Some ill-informed or uninformed persons who suspect the genuineness of such coins are creating doubts in the minds of ordinary people including traders, shop-keepers etc, thus impeding the circulation of these coins in certain pockets of the country and causing avoidable confusion, Killiwala said.

Circulation of Rs 10 coins has been affected in the state following claims that these coins have been taken out of the market as was done to Rs 500 and Rs 1,000 notes. The RBI, however, clarified that from time to time coins were issued with little changes.

“One such change was introduction of ‘Rupee symbol’ in coins in July 2011. An instance of this is the `10′ coins with rupee symbol and the same denomination coin without rupee symbol,” the official said.

Killiwala said both are legal tender and equally valid for transactions though they may look a little different. Those refusing to accept the coins may face action, a police official said.

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First Published on: November 21, 2016 9:27 pm
  1. R
    R tripathi
    Apr 22, 2017 at 12:20 pm
    In vrindavan Mathura Agra no body accept old coin
    Reply
    1. A
      Anoop meena
      Jan 10, 2017 at 3:02 am
      My village in shop not allowed to 10 coin. What will I do?
      Reply
      1. S
        Sudeep
        Jan 23, 2017 at 2:02 am
        Please do in form in television bcz no one receiving 10rupee coin even in Bangalore. No one can say to these people.
        Reply
        1. S
          Sunny
          Feb 4, 2017 at 9:25 am
          In Tamil Nadu Govt Buses are refusing to collect Rs 10.00 coins from the penger.lt;br/gt;The respective bus depo is not receiving from the conductor.lt;br/gt;Also local vendors / Shopkeepers are refusing to receive.
          Reply
          1. K
            kanthimathy natarajan
            Jan 14, 2017 at 10:35 am
            Friday I went to I.O.B. and Syndicate to deposit 10rs. Coins, they refused to take that.
            Reply
            1. S
              SARANYA
              Mar 2, 2017 at 12:54 pm
              SIR TODAY 02/03/2017 10 RUPEES COINS ARE NOT ACCEPTING IN CITY UNION BANK AVADI BRANCH FOR DEPOSIT .SO... WHAT TO DO ... ALL POOR PEOPLE ARE SUFFERING TO EXCHANGE THE 10 RUPEES COIN ITS MOSTLY AFFECTING IN CHENNAI.
              Reply
              1. J
                Jagadeesh
                Mar 12, 2017 at 3:57 pm
                Hai sir today I punched water pack but the shopkeeper was not accept to taken the 10rs coin. Im argue to shopkeeper but he said to me so many people are telling me 10rs coins are not in use so don't take the cones already in paper.
                Reply
                1. K
                  Karthikeyan
                  Jan 9, 2017 at 8:28 am
                  Is Really 10 Rs coins are banned, no one accept this coins in Puducherry. Especially in Bus, And Shops. I request officials of RBI to take necessary action against this rumour, If it is true kindly provide us a way to change this coins in Banks.Kindly declare that whichever is truth in News which will reach people soon with official Order. Already we people had suffered by demonetisation again we are getting troubled by such rumours.
                  Reply
                  1. M
                    M. DURGA
                    Mar 12, 2017 at 4:14 am
                    SIR Today 12/03/2017 I had purchesed one lt;br/gt;water bottle at RO system in RENIGUNTA STN. I have given 10 rupee coin but they are not accepted the coin, so do something.
                    Reply
                    1. M
                      M.K. Bhattacharya
                      Jan 23, 2017 at 11:12 am
                      I have 10 rupee coin not able to use it. Nobody want to accept this coin. Guide me how to change this coin.
                      Reply
                      1. P
                        PURAN MAL
                        Mar 21, 2017 at 10:01 am
                        sir i have a coin of 10 rupess lt;br/gt;this is not accepted in market lt;br/gt;so tell me what i to do for it
                        Reply
                        1. R
                          ravishankar
                          Feb 20, 2017 at 4:37 am
                          Its shocking news that rs 10 coin are not accepted. RBI should make Public Announcement today and clear the suion. Also people spreading such rumours should be punished.
                          Reply
                          1. W
                            wasim
                            Jan 25, 2017 at 5:37 am
                            i have 10 rs coin that coin no one take this coin how can i change my 10 rs coin guide me
                            Reply
                            1. S
                              sasidharan
                              Feb 19, 2017 at 11:49 am
                              Nobody in Nilgiris (dt) , tamilnadu is accepting rupees 10 coin rbi should clear suion in the minds of public as early as possible
                              Reply
                              1. U
                                UPENDRA NATH
                                Feb 15, 2017 at 5:20 pm
                                IN BANGALORE shopkeeepers/SMALL BUSINESSMAN ARE NOT ACCEPTING RS 10 COINS ISSUED BY RBI for last one week
                                Reply
                                1. U
                                  UPENDRA NATH
                                  Feb 15, 2017 at 5:24 pm
                                  RBI SHOULD TAKE COME OUT WITH THEIR NOTIFICATION ON RS 10 COIN FOR THE LEGAL TENDER AS IT IS NOT ACCEPTED BY BUSINESS PEOPLE/SHOPKEEPER IN BANGALORE FOR LAST ONE WEEK
                                  Reply
                                  1. K
                                    Kishan kumar
                                    Feb 10, 2017 at 8:38 am
                                    Please take a serious action on this Media Peoples and put it in all your channels, we are facing a very big problem here too in karnataka
                                    Reply
                                    1. V
                                      vimalraj
                                      Jan 14, 2017 at 6:56 am
                                      In shop they are no recevie 10 rs coin in pondicherry
                                      Reply
                                      1. V
                                        Vipin
                                        Dec 23, 2016 at 10:28 am
                                        Punjab national bank (Karnal road), Kaithal is not accepting the coin of rupees 10. What will I do?
                                        Reply
                                        1. F
                                          Felix
                                          Dec 27, 2016 at 1:33 pm
                                          iob bank also not accepted
                                          Reply
                                          1. F
                                            Felix
                                            Dec 27, 2016 at 1:33 pm
                                            today.
                                            Reply
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