On completion of 90 years of Reserve Bank, Prime Minister Modi has released a commemorative coin of Rs 90. The specialty of this coin is that it is made from 40 grams of pure silver. At the same time, the estimated price of this coin is likely to be around Rs 5200 to 5500.
Banking regulator RBI turns 90 today. On completion of 90 years of Reserve Bank, Prime Minister Modi has released a commemorative coin of Rs 90. Let us tell you, a coin of Rs 90 has been issued for the first time in the country. The specialty of this coin is that it is made of pure silver. Apart from this, 40 grams of silver has been used in it. The Rs 90 silver coin has the bank’s logo on one side and the denomination Rs 90 is written on the other side.
Also, India will be written in Hindi on its right side and in English on the left side. It will have the RBI logo on one side and Reserve Bank of India written in Hindi on the upper perimeter and in English on the lower perimeter. RBI @ 90 will be written below the logo.
#WATCH | Mumbai | PM Modi releases a commemorative coin on the 90th anniversary of the Reserve Bank of India pic.twitter.com/C2tja3tKWn
— ANI (@ANI) April 1, 2024
The coin is of 40 grams
The weight of this 90 rupee coin made in the mint of the Government of India will be 40 grams which is made of 99.9 percent pure silver. Let us tell you that even before this, commemorative coins have been issued on the Golden Jubilee of the Reserve Bank in 1985 and on the Platinum Jubilee of the Reserve Bank in 2010.
At what price will the coin be sold?
After the launch of this Rs 90 coin, it will be sold at a premium more than the face value. According to reports, the estimated price of this coin is likely to be around Rs 5200 to 5500. There is a lot of enthusiasm about this coin among coin collectors including bank employees across the country. On March 19, 2024, the Department of Economic Affairs, Ministry of Finance, Government of India had also issued a gazette notification for the release of this coin.
PM Modi praised the work of RBI
Talking about the 90 years of work of RBI, Prime Minister Narendra Modi said that the role of RBI has been very important and big in keeping the banking system of the country strong. Whatever work RBI does directly affects the finances of the common people of the country. RBI has played an important role in extending the benefits of financial inclusion to the people standing at the last mile.
