1 Jan 2021

Reserve Bank of India: Digital Payment Index (RBI)

Reserve Bank of India: Digital Payment Index (RBI) Reserve Bank of India: Digital Payment Index (RBI) The Reserve Bank of India (RBI) has prepared drafts of the Digital Payments Index to assess the quantum of digitization in the country and the status and innovation of digital/cashless The Reserve Bank of India will publish the Digital …

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Zero Coupon Recapitalisation Bonds (Zero Coupon Bonds)

Zero Coupon Recapitalisation Bonds (Zero Coupon Bonds) Zero Coupon Bonds – Zero-Coupon Recapitalization Bonds The government has issued special Zero-Coupon Recapitalization Bonds worth Rs. 5,500 crore for recapitalization of Punjab and Sindh Bank. Zero-Coupon Bonds are non-interest bearing, non-transferable special GOI securities. Objective: This will improve the Capital-To-Risk Weighted Assets Ratio (CRAR) of these banks. …

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