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Cryptocurrency News Articles

Reserve Bank of India Commemorates 90th Anniversary with Silver Coin

Apr 01, 2024 at 07:06 pm

The Reserve Bank of India (RBI) commemorates its 90th anniversary today with the release of a commemorative Rs. 90 coin by Prime Minister Narendra Modi. This first-of-its-kind coin is crafted from pure silver and weighs 40 grams. Featuring the bank's logo on one side, the coin celebrates the RBI's significant role in India's financial landscape.

Reserve Bank of India Commemorates 90th Anniversary with Silver Coin

Reserve Bank of India Celebrates 90 Years with Commemorative Silver Coin

Mumbai, India - On a momentous day marking the 90th anniversary of the Reserve Bank of India (RBI), Prime Minister Narendra Modi has unveiled a commemorative silver coin of 90 rupees. This landmark release marks the first-ever issuance of a 90-rupee coin in India.

Crafted from pure silver, the coin stands as a testament to the RBI's rich history and enduring legacy. Each coin weighs a substantial 40 grams, further enhancing its significance and value.

The design of the commemorative coin is both intricate and symbolic. One side proudly displays the iconic logo of the RBI, a circle inscribed with the words "Reserve Bank of India" and "RBI" in Hindi. The other side features the Ashoka pillar, a national emblem of India, etched in intricate detail.

This commemorative coin is not merely a numismatic artifact but a tangible representation of the RBI's unwavering role in shaping India's monetary policy and financial stability. Over the past nine decades, the bank has played a pivotal role in regulating the banking sector, managing inflation, and facilitating economic growth.

As India celebrates this milestone, the commemorative silver coin stands as a fitting tribute to the RBI's unwavering commitment to safeguarding the nation's financial well-being. The coin serves as a collector's item, a historical artifact, and a reminder of the RBI's enduring presence as a pillar of the Indian economy.

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Other articles published on Apr 03, 2025