The central bank of India the Reserve Bank is set to issue new Rs 10 and Rs 5 coins.
- Rs 10 Coin has been minted to celebrate 125th year of National Archives of India.
- Rs 5 coins to celebrate 150th anniversary of Allahabad High Court.
- These coins are legal tender as provided in The Coinage Act 2011.
- On the reverse of the Rs 10 coin there will be an image of National Archives Building in the centre with inscription ‘125 YEARS’ below the image.
- The year “1891” and “2016” in English shall be written on the upper and lower periphery of the coin respectively.
- The year “1916” and “2016” in international numerals shall be written respectively on left and right top of the image.
- The Rs 5 coin face will bear an image depicting centre facade of Allahabad High Court Building emerging from the book.
- The face of the Rs 5 and Rs 10 coins shall bear the Lion Capitol of Ashoka Pillar in the centre with the legend “सत्यमेवजयते” inscribed below.
- On the left margin with the word “भारत” in Devanagari script and on the right margin with the word “INDIA” in English.
- RBI will shortly put these new coins into circulation.
- The existing coins in this denomination shall also continue to be legal tender.
The Reserve Bank of India (RBI) is India’s central banking institution, which controls the monetary policy of the Indian rupee.
- The RBI plays an important part in the Development Strategy of the Government of India.
- The bank is also active in promoting financial inclusion policy and is a leading member of the Alliance for Financial Inclusion (AFI).
- HQ of RBI Mumbai Maharashtra
- Established in 1 April 1935 (82 years ago)
- Governor Urjit Patel