RBI is ready to issue a new bimetallic 10 Rupee coin for circulation
- RBI issued new 10 Rupee coin.
RBI is ready to issue a new bimetallic 10 Rupee coin for circulation.
The look: The obverse side has the lion capitol with numeral 10 and year of manufacture.
On reverse side, a double line cross with a dot in each pellet of cross and denomination written in Hindi and English around.
This design has been prepared by National Institute of Design, Ahmedabad with the theme of Unity in Diversity.
The outer side metal is Nickel-Bronze and the inner side metal is Ferrous Steel.
The weight of the coin would be 8 grams and the diameter would be 28 mm.
The coins are being minted at mainly Noida and Mumbai mint. The coins worth Rs.70 million was already stored in its stock till August 2008.
About The Reserve Bank of India
The Reserve Bank of India (RBI, Hindi: भारतीय रिज़र्व बैंक) is the central bank of India, and was established on April 1, 1935 in accordance with the provisions of the Reserve Bank of India Act, 1934.
The Central Office of the Reserve Bank was initially established in Kolkata but was permanently moved to Mumbai in 1937.
Though originally privately owned, the RBI has been fully owned by the Government of India since nationalization in 1949.
New Bimetallic 10 Rupee Coin for Circulation in India
