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  #1  
9th March 2016, 11:02 AM
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RBI Coins

I want some information about Reserve Bank of India Indian Currency Coins for that will you please get the information about it?
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  #2  
9th March 2016, 11:03 AM
Super Moderator
 
Join Date: May 2012
Re: RBI Coins

I will help you here to get the information about Reserve Bank of India Indian Currency Coins so that you can have idea about it.

The designing and minting of coins in various denominations is also the responsibility of the Government of India. Coins are minted at the four India Government Mints at Mumbai, Alipore(Kolkata), Saifabad(Hyderabad), Cherlapally (Hyderabad) and NOIDA (UP).

Denominations
Coins in India are presently being issued in denominations of 10 paise, 20 paise, 25 paise, 50 paise, one rupee, two rupees and five rupees. Coins up to 50 paise are called 'small coins' and coins of Rupee one and above are called 'Rupee Coins'.

Measures to improve the supply of coins

The various Mints in the country have been modernised and upgraded to enhance their production capacities.

Government has in the recent past, imported coins to augment the indigenous production.

Notes in denomination of Rs.5 have been reintroduced to supplement the supply of coins.

New initiatives for distribution


Coin Dispensing Machines have been installed at select Regional Offices of the Reserve Bank on pilot basis.

Dedicated Single-window counters have been opened in several of the Reserve Bank's offices for issuing coins of different denominations packed in pouches.

Mobile counters are being organised by the Reserve Bank in commercial and other important areas of the town where soiled notes can be exchanged for coins.

Address:-

Reserve Bank Of India
Central Office Building, Shahid Bhagat Singh Road, Fort, Mumbai, Maharashtra 400001

Phone:-
022 2266 1602


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