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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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  1. M
    Manikandan R
    Nov 28, 2017 at 11:38 am
    Please be informed Sri Udipi Park Hotel in ITPL Main Road, Kundalahalli not accepting 10 rupees coin. Immdly i check with RBI Bangalore their official said we can't do it any thing on that.
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    1. Somappa Suvarna
      Oct 17, 2017 at 2:13 pm
      Today in our DOT office near ECIL X Road their Cashier rejected the Rupees 10/- Coin while paying the bill payment.
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      1. M
        mahender
        May 1, 2017 at 6:04 pm
        please inform to report of 10 rupees coins all news channels no one's accepting coins please make sure explanation about this happen to public
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        1. R
          R tripathi
          Apr 22, 2017 at 12:20 pm
          In vrindavan Mathura Agra no body accept old coin
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          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?
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