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Finance Ministry Looks At BIC Model After RBI Raises Concerns On Zero Coupon Bonds

Finance Ministry Looks At BIC Model After RBI Raises Concerns On Zero Coupon Bonds

In all, the government has spent about Rs 2.5 lakh crore on recapitalisation in the last three financial years. In the first year, the government issued Rs 80,000 crore recapitalisation bonds, followed by Rs 1.06 lakh crore in 2018-19. During the last financial year, the capital infusion through bonds was Rs 65,443 crore.

Published at Sat, 16 Jan 2021 13:16:22 +0000

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Written by Riel Roussopoulos

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