Monday, November 21, 2016

Public can continue to accept ₹10 coins as legal tender - RBI

Posted by Sharath
These days fake news is spreading much more speedly than the original news. In case of demonetization there are many such cases and it was viral like anything. People were believing more than the false news. Now another fake news is spreading about 10rs Coin. Please read here that RBI published in their website about these rumors. Please share with your friends. 


Today RBI announced these are FALSE rumors about 10 rs coin and these are LEGALLY TENDERED and you can openly exchanged. In RBI Official website - they have posted all the things. 

As coins remain in circulation for longer periods, it is quite possible that coins of different designs and even shapes are circulating at the same time. One such change is 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. Both of them are legal tender and equally good for transactions, though they may look a little different.
It has been reported that some less-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., impeding the circulation of these coins in certain pockets of the country causing avoidable confusion.
The Reserve Bank has advised members of the public NOT to give credence to such ill-informed notions and ignore them and continue to ACCEPT these coins as legal tender in all their transactions without any hesitation.

Hence requesting people to Not believe these kind of false rumors on 10rs coin. RBI themselves claimed these are legally tendered and can be used for transactions. 

This post is to educate the people about the genuinity of the rumors and here all the news is extracted from the RBI portal (above link) for further information one can approach the same. Images here used for illustration purpose - for more details on the correct 10rs coin images one can visit the RBI official site and read the instructions published here

Please share with your friends because in Knowledge 
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