The RBI also asked banks to accept the coins for transactions and exchange at all their branches. Photo: MintMumbai: All the 14 designs of Rs 10 coin are valid and legal tender for transactions, the Reserve Bank India (RBI) said on Wednesday amid reluctance by certain traders to accept the coins. In a statement, the central bank clarified that it puts into circulation the coins minted by government mints. “So far the Reserve Bank has issued Rs 10 coin in 14 designs... All these coins are legal tender and can be accepted for transactions,” the RBI said. It has also asked banks to accept coins for transactions and exchange at all their branches.

Source: Mint January 17, 2018 09:56 UTC