Prudential norms on Investment in Zero Coupon Bonds

Last updated: 30 September 2010
Prudential norms on Investment in Zero Coupon Bonds RBI/2010-11/219 DBOD No. BP.BC. 44 / 21.04.141/ 2010-11 September 29, 2010 The Chairmen and Managing Directors/ Chief Executive Officers of All Commercial Banks (excluding Regional Rural Banks) Dear Sir, Prudential norms on Investment in Zero Coupon Bonds It has come to our notice that banks are investing in long term Zero Coupon Bonds (ZCBs) issued by corporates including those issued by Non-Banking Financial Companie
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Notification No : DBOD No. BP.BC. 44 / 21.04.141/ 2010-11


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