RBI solves big problem of 'small change' at Shirdi temple

by IANS |

Ahmednagar (Maharashtra), June 19 (IANS) The Reserve Bank of India (RBI) on Wednesday intervened to resolve the big problem of small change plaguing the famed Shri Saibaba Sansthan Trust (SSST) in Shirdi, a top official said here.

The apex bank has ordered 16 nationalised banks -- where SSST has accounts -- to accept small change offered in the temple coffers by millions of devotees annually.



"The RBI General Manager (Issue) K. Kamalakannan had convened the meeting to hammer out a solution to this crisis affecting us since the past over one year," SSST Chief Accounts Officer B.B. Ghorpade told IANS.



He said that on an average, the coffers in the Saibaba Samadhi Temple and the surrounding complex cough out more than 1 crore coins worth around Rs 4 crore annually.

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