..........RBI deputy governor RK Seshadri took up the matter with the government,
and later governor S Jagannathan followed it up with finance minister YB
Chavan and advocated a change-over from one-rupee notes to one-rupee
coins. RBI had decided to do this shift in a phased manner because of two reasons. One,
RBI was not too sure how the general public would take the change and,
second, it was worried about the cost of destroying the spoiled notes.
At a result,...........
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