New Denomination 20 Rupees for General Circulation Soon!
The Government of India is reportedly preparing to introduce a new ₹20 coin into general circulation, marking a significant development in the evolution of modern Indian coinage. According to early reports and circulating rumors, the proposed coin is expected to feature a bi-metallic composition and adopt a distinctive hendecagonal shape—an 11-sided design reminiscent of the earlier ₹2 coin that once held widespread familiarity among the public. If these speculations come to fruition, the ₹20 coin will become only the second bi-metallic coin in regular circulation after the ₹10 coin, further expanding the diversity of India’s circulating currency. The introduction of a new coin denomination follows a structured and carefully considered process overseen by the Government of India. Decisions regarding the design, metal composition, size, weight, and issuance of coins fall under its direct purview. Once approved, these coins are produced by the nation’s four operational mints ...