Question

    Public sector banks to get _______ via zero-coupon bonds

    in the Financial Year 22.
    A ₹15,000 crore Correct Answer Incorrect Answer
    B ₹11,000 crore Correct Answer Incorrect Answer
    C ₹20,000 crore Correct Answer Incorrect Answer
    D ₹18,000 crore Correct Answer Incorrect Answer
    E ₹19,000 crore Correct Answer Incorrect Answer

    Solution

    The Government has decided to infuse capital of Rs. 15,000 crores to support the weak state-owned banks for FY 2022. Mainly  like the Central Bank of India, Punjab and Sind bank are supposed to get this lion’s share through zero-coupon bonds in the second half of March 2022, which will further help these lenders meet the constricted capital-reserve norms. 

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