New Denomination 20 Rupees for General Circulation Soon!
The Government of India is reportedly set to introduce a new 20 rupees coin into general circulation. As per rumors, the coin is anticipated to be bi-metallic, adopting a Hendecagonal (11-sided) shape and design similar to the previous 2 rupees coin. If these speculations materialize, this coin will be the second bi-metallic addition to the currency, following the 10 rupees coin. The decision to produce and circulate coins of various face values rests with the Government of India, and these coins are manufactured in four different mints across the country: Mumbai, Kolkata, Hyderabad, and Noida, each identified by distinct mintmarks. The circulation of these coins is facilitated through the Reserve Bank of India (RBI).