Question
Public sector banks to get _______ via zero-coupon bonds
in the Financial Year 22.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.Â
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