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ASSAM NEWS

Though Legal Tender, People Refuse to Accept 10 rupee coins in Sarupathar,Assam

A Correspondent

Sarupathar, July 24: Some commercial establishment are not accepting 10 rupee coins. Even banks are not accepting the coins at Sarupathar. Despite the Reserve Bank of India’s (RBI) clarification, there are few takers of the 10 rupee coin amid growing concerns. So far the RBI has issued the coins in 14 designs and all these coins are legal tender and can be accepted for transaction. But there is confusion among shopkeepers, vendors, bus conductors and auto-rickshaw drivers regarding the coins and many refuse to accept the coins because of doubt. The problem is even more acute in rural areas like Sarupathar.

Even banks are not accepting the coins, alleged the people of Sarupathar. Banks should not refuse to accept coins of all denominations from customers and any non- compliance may result in penal action, stated the Reserve Bank of India (RBI) on February 15, 2018.

Meanwhile, several people have received SMSs from the RBI to accept coins without any fear. To clear all confusion, people have been urged to give missed call to 14440 and instantly expect a call back from the RBI for clarification. For the past 4-5 months, several places, including Sarupathar, have been hit by rumours that the coins are no longer legal tender, following which public have stopped accepting them.