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Bank of India says it can absorb mark-down of recapitalisation bonds
Lender makes statement as central bank expresses concern at the recapitalisation of state-owned lenders through zero-coupon bonds.
Rs 800-bn bank recapitalisation bonds to have 10-15-year tenure: Jaitley
Coupon rate fixed at 7.35-7.68%
FinMin to issue recapitalisation bonds to PSBs in Jan
Earlier in October, Union Finance Minister Arun Jaitley had announced an unprecedented PSU banks recapitalisation programme of Rs 2.11 lakh crore
Recap bonds unlikely to reflect in fiscal deficit, says official source
The government announced the recapitalisation plan earlier this week