Mysuru: Banks had been asked to create awareness on Rs 10 coin and be sure that the felony comfortable is in circulation. District lead bank manager Venkatachalapathi and lead district officer, RBI, Saroj Bhatia, on Thursday asked banks to take steps in this regard.
“People of Karnataka are taking a look suspiciously at Rs 10 coin though this is a felony comfortable and are reluctant to accept it. There is need to create awareness and start instructing public about it,” mentioned Bhatia at a meeting of lead bank.
He mentioned that the problem persists most effective in Karnataka. “The Rs 10 cash are minted in large numbers, however don't seem to be serving their purpose in the state as they’re no longer being accredited by way of folks. The cash are saved up, inflicting inconvenience to bankers. We have additionally were given suggestions to send these cash to different states the place they are in circulation,” he mentioned.
Bhatia mentioned that banks must start at least five-ten giving Rs 10 cash to each and every buyer. Venkatachalapathi mentioned the Rs 10 cash saved up are worth crores of rupees.
The district lead bank released Mysuru district credit score plan of Rs 13,289 crore (Rs 10,764 crore for priority sector and Rs 2,525 crore for non-priority sector) for the 12 months 2019-20. A significant portion of credit score plan is reserved for the agri sector (crop loans of Rs three,477 crore and term loans of Rs 1,670 crore).
“People of Karnataka are taking a look suspiciously at Rs 10 coin though this is a felony comfortable and are reluctant to accept it. There is need to create awareness and start instructing public about it,” mentioned Bhatia at a meeting of lead bank.
He mentioned that the problem persists most effective in Karnataka. “The Rs 10 cash are minted in large numbers, however don't seem to be serving their purpose in the state as they’re no longer being accredited by way of folks. The cash are saved up, inflicting inconvenience to bankers. We have additionally were given suggestions to send these cash to different states the place they are in circulation,” he mentioned.
Bhatia mentioned that banks must start at least five-ten giving Rs 10 cash to each and every buyer. Venkatachalapathi mentioned the Rs 10 cash saved up are worth crores of rupees.
The district lead bank released Mysuru district credit score plan of Rs 13,289 crore (Rs 10,764 crore for priority sector and Rs 2,525 crore for non-priority sector) for the 12 months 2019-20. A significant portion of credit score plan is reserved for the agri sector (crop loans of Rs three,477 crore and term loans of Rs 1,670 crore).
Banks told to ensure circulation of Rs 10 coins
![Banks told to ensure circulation of Rs 10 coins]()
Reviewed by Kailash
on
March 29, 2019
Rating:
