.......Besides, no less than 13 coin-vending machines have been installed in RBI Kolkata, where all one has to do is insert the currency notes to get the coins of the same value. These vending machines are dispensing no less than Rs 5 lakh in coins every day. RBI is even bearing 50% of the cost banks will incur if they install these machines in urban areas and a whopping 75% in rural areas. Around 70 coin-vending machines have already been installed by various banks in Kolkata and suburbs. And yet, when it comes to giving you the change, there seems to be a perennial crisis. Strangely enough, there is a mad scramble in front of RBI's Kolkata office coin exchange counters every day. But who are these people who are exchanging bank notes for coins? It's impossible to keep a record of that, says the RBI. But ironically, these very coins are then 'sold' for a price right outside the RBI building. It's another matter that 'selling' coins is illegal; these can only be exchanged......
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