Prudential Norms on Investment in Zero Coupon Bonds
RBI/2010-11/247
DBOD.FID.FIC.No 7/01.02.00 /2010-11
October 28, 2010
The CEOs of select All-India Term Lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Dear Sir,
Prudential Norms on Investment in Zero Coupon Bonds
Please find enclosed circular DBOD No. BP .BC .44 / 21.04.141 / 2010-11 dated September 29, 2010 on the above subject. In this connection, it is advised that the above guidelines issued to banks, shall mutatis mutandis apply to the select All-India Financial Institutions (AIFIs)
Yours faithfully,
(Vinay Baijal)
Chief General Manager
CAclubindia
