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RBI Bans Old ₹5 Coins: Here's Why This Major Decision Was Taken
The Reserve Bank of India (RBI) has made a significant decision to discontinue certain old ₹5 coins. This step has raised curiosity about the reasons behind the move. Let’s break down the ...
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RBI discontinues specific Rs 5 coins from circulation: Here's Why
The Central Government and RBI have made an important decision regarding the 5 rupee coin. A specific type of 5 rupee coin is being withdrawn from circulation. Online transactions have become ...
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The RBI has a coin distribution problem - and it might be thinking about outsourcing the job to someone else
Amid an oversupply of coins, storage costs are getting unfeasible as the RBI is running out of space to keep them. As a result, the RBI is looking to outsource the distribution of coins to a ...