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With the RBI raising concerns over the issuance of zero-coupon bonds for recapitalisation of public sector banks (PSBs),
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ment company was suggested by the P.J. Nayak Committee. Share Article 0 PRINT A A A Setting up a BIC as a holding company or a core investment company was suggested by the P.J. Nayak Committee. <span>With the RBI raising concerns over the issuance of zero-coupon bonds for recapitalisation of public sector banks (PSBs), the Finance Ministry is examining other avenues for affordable capital infusion, including setting up of a Bank Investment Company (BIC), sources said. Setting up a BIC as a holding com


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