2017-02-21 Tue

After demonetization, a rumour hit Karnataka stating that counterfeit 10 rupee coins in two designs had flooded the market due to which Rs 10 coins had been declared invalid by RBI. 10 Rs. Coins were not accepted by small traders, public transporters and hotels. Many have also started approaching banks for getting the coins exchanged. But the RBI has officially declared that the coins are still in circulation and people who are refusing to accept them would face legal action.