Reserve Bank of India to issue new coins

by Manas Aditya in Current Affairs & Latest News

603 858 9.52k

13 years ago

Three weeks after the 25 paise coins were withdrawn from circulation, the Reserve Bank of India (RBI) on Friday announced it will introduce new coins in five denominations -- from 50 paise to Rs10.

The coins would be in denomination of one, two, five and Rs10, besides 50 paise.

While the Rs10 coins will be made of copper and nickel, Rs5 will be made of brass with a composition of copper, zinc and nickel.

The lower denomination coins of 50 paise, Re1 and Rs2 will be made of ferritic stainless steel containing iron and chromium.

http://www.deccanchronicle.com/channels/business/news/reserve-bank-india-issue-new-coins-280

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sathish kail

139 1.34k 26.7k

13 years ago

#133470

So we are going to see a new 10 rupees.. Thats good ..

mukesh ranjan

40 751 4.1k

13 years ago

#133473

Dear Manas, I think the coins you are talking about have come into circulation and we have them at our branch.

Arise Awake and Rest Not till the Goal is Achieved.

ajay

248 3.34k 47.8k

13 years ago

#133491

Yes, even I came over the coins of these denominations and used it. Really I was quite thrilled to see the new coins....

Isha

54 3.96k 34.2k

13 years ago

#133630

it is not a different case: thing will be same either we have 10 rupees note or 10 rupee coin.

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