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Hyderabad continued to mint its coins until 1948 when India occupied the state after the Nizam refused to cede it to the new Dominion. In 1950, the Indian rupee was introduced alongside the local currency, with the relationship of 7 Hyderabadi rupees = 6 Indian rupees being used.
The India Government Mint in Hyderabad was planned with an estimated annual production capacity of annual production capacity of 700 million coins and 950 million planchets. Indian rupee coins (1, 2, 5 & 10) are produced in this mint.
Mumbai Mint has a state-of-the-art gold refining facility up to 999.9. Hyderabad Mint has electrolytic silver refining facility up to 999.9. Commemorative coins are made at Mumbai and Kolkata. Kolkata and Hyderabad have facilities for making medallions, too. The Noida mint was the first in the country to mint coins of stainless steel.
There are two Security printing presses of SPMCIL, namely the India Security Press (ISP) at Nashik and the Security Printing Press (SPP) at Hyderabad. These presses print the 100% requirement of passports and other travel documents, non-judicial stamp papers, cheques, bonds, warrants, postal stamps, postal stationery, and other security products.
The Indian 10-rupee coin (₹ 10) is a denomination of the Indian rupee. The ₹10 coin is the second highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2019 design. However, the previous ₹10 coins minted before 2019 are also legal tender in India.
New coins have been produced annually since then and they make up a valuable aspect of the Indian currency system. Today, circulating coins exist in denominations of 1, 2, 5, 10, and 20 rupees. All of these are produced by four mints located across India, [2] in Kolkata, Mumbai, Hyderabad, Noida.
In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa. Plural: Naye paise). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa" (or paise for denomination ...
India. Value: 20 (1 ... Hyderabad = * Noida = ° Kolkata = No ... Reverse; Design: Face value and year: The Indian 20 coin is a former denomination of the Indian rupee.