Tirupati, 19 Apr. 19: To clear the Indian currency coins which are accumulated in TTD coffers, the Federal Bank has come forward to lift the coins of various denominations from April 2019.
In this regard, the Managing Director and CEO of Federal Bank Sri Shyam Srinivasan has come down to Parakamani and received the first bag of coins from DyEO Prakamani Sri V Damodaram in the TTD administrative building on Friday in the presence of EO Sri Anil Kumar Singhal and FACAO Sri O Balaji.
The accumulation around Rs.10crores will be lifted in another 5 to 6 months.
The Federal Bank will also lift the coins which are offered in Hundi every day on regular basis in addition to Andhra Bank.
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