competition in focus monthly magazine 2021

 competition in focus monthly magazine 2021

competition in focus monthly magazine 2021 published this article page no293

Let us now take the case of the bonds and examine how they are going to benefit the banking system. As of now the Department of Financial Services in co-ordination with the Department of Economic Affairs in the Ministry of Finance are finalizingthe broad contours of the Bond issue. An announcement on the exact details of which bank is going to get what quantum of capital through the bond issue is imminent. During the launch of the Bond it was said that the bonds would be front loaded. This essentially means that a large chunk of total Rs135000 crore will be pumped into the banking system in the next few months itself. competition in focus monthly magazine 2021