.....The Reserve Bank of India (RBI), however, claims that the "demand-supply mismatch" is a problem of perception. "It is not a rule," said a RBI official. "Much effort has been made in the last two months to strengthen (coin) distribution channels. Now we are taking steps to see that even this isolated phenomenon does not happen." The official said the RBI had pumped in Re.1, Rs.2 and Rs.5 coins in Kolkata. The central bank distributed 1.78 billion coins last fiscal. It has issued more than 800 million coins in the first four months of this fiscal (April to July). It has organised about 150 coin melas in the state, where the public, small traders and shop owners exchanged currency for coins. The RBI, which operates 13 coin vending machines at its Kolkata office, is distributing 500,000 coins daily. It has also opened two distribution counters, especially for meeting the demands of transport organisations. The country's largest lender, the State Bank of India (SBI), echoed the RBI's view.......
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