Sunday, February 20, 2022

RBI orders five banks to list zero coupon bonds at "fair value"

The regulatory direction comes after an assessment showed that valuing these instruments at face value could create a misleading picture of the banks’ financial strength and set a precedent that could be exploited in future by others and weaken the banking system.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-orders-five-banks-to-list-zero-coupon-bonds-at-fair-value/articleshow/89709323.cms

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