Trouble occurs due to millions of coins being deposited annually in Shirdi, RBI has come up with solutions
Trouble occurs due to millions of coins being deposited annually in Shirdi, RBI has come up with solutions
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Ahmednagar: The Reserve Bank of India (RBI) has solved the big problem of small coins of the Shirdi-based Sri Saibaba Institute Trust (SSST) on Wednesday. This information is given here by a top SSST official. The central bank has directed 16 nationalised banks with SSST accounts to accept small coins offered by millions of devotees every year at the temple.

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SSST Chief Accounts Officer B. a vocative lady. Ghorpade has told the media, "The Director General (output) of the RBI. Kamalkanan has held a meeting to solve this problem. We have been facing this problem for the past one year," he said, noting that the treasures of saibaba Samadhi temple and the surrounding complex collect an average of one crore coins a year, valued at about four crore rupees.

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They contain one rupee, two rupees, five rupees and 10 rupee coins. Coins weigh several tons, which are counted and credited to The accounts of SSST located in different banks after accounting. Since last year, most banks have refused to take coins due to lack of space, difficulty in counting and problems of transport and bringing them back to circulation.

 

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