The Reserve Bank of India (RBI) handled 41 debt issues of the Centre between April 2002 and February 2003. During the 11-month period, the apex bank raised Rs 32,941 crore through nine fresh issues and Rs 53,764 crore through the re-issue of 15 government securities.
Besides, it took Rs 12,000 crore on its own books as the government raised this money by privately placing three papers with the central bank. Part of this funds, privately placed with the RBI, was subsequently sold through the RBI
