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Business News

Jun 27, 2019
9:02AM

RBI advises all banks to accept coins of all denominations

File Pic: PTI
Reserve Bank of India has advised all banks to immediately direct all their branches to accept coins of all denominations.

RBI's advisory came yesterday after it received complaints about non-acceptance of coins by branches of various banks.

Reserve Bank advised all banks to accept coins of all denominations tendered at their counters for transactions or exchange and ensure strict compliance in the matter. 

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