Dear Comrades,
The Reserve Bank of India will withdraw 25 paise coins and those of lower denomination from the market starting June 30. These coins will not be in circulation and can't be used as legal tender for payment.
RBI in a press statement said that those who have these coins can exchange them for their worth at 41 banks across the country. The banks where such coins can be exchanged are:
Allahabad Bank , Andhra Bank , Bank of Baroda , Bank of India, Bank of Maharashtra , Canara Bank , Central Bank of India , Corporation Bank , Dena Bank , Indian Overseas Bank , Indian Bank , Oriental Bank of Commerce, Punjab and Sindh Bank, State Bank of India , Syndicate Bank , UCO Bank , Union Bank of India , United Bank of India , Vijaya Bank , State Bank of Bikaner and Jaipur, State Bank of Hyderabad , State Bank of Mysore , State Bank of Patiala, State Bank of Travancore, IDBI Bank Ltd , ICICI Bank Ltd , Tamilnad Mercantile Bank Ltd, Dhanlaxmi bank Ltd, The Federal Bank Ltd , The Catholic Syrian Bank Ltd, The HDFC Bank Ltd , The Jammu and Kashmir Bank Ltd, The Karur Vysya Bank Ltd , The Laxmi Vilas Bank Ltd, ING Vysya Bank Ltd , Standard Chartered Bank , City Union Bank , Axis Bank Ltd and Karnataka Bank Ltd.
16 Mar, 2011, 03.06PM IST,Economic Times NEWS NETWORK & AGENCIES