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Monday, Feb 14, 2005

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No shortage of coins in Kerala, says RBI

Our Bureau

THIRUVANANTHAPURAM: The Reserve Bank of India (RBI) has stated that there is no dearth of coins of any denomination in the State.

An official spokesman asked the people to assert the right to get the appropriate change and not to accept other goods in return for the balance amount due. He also reiterated that coins of all denominations were legal tender.

The clarification comes in the background of reports and complaints that traders and shopkeepers were reluctant to return small change on grounds of non-availability of coins, particularly in 25 and 50 paise denominations.

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