Govt Admits RBI Had Some Concerns On Electoral Bonds
The Hindu Business Line|December 11, 2019
The apex bank had flagged the possible risks of a bearer bond, platform for issuance: FM
Govt Admits RBI Had Some Concerns On Electoral Bonds

The Finance Ministry has admitted that Reserve Bank of India had raised some concerns on the electoral bonds.

In a written reply, Finance Minister Nirmala Sitharaman told the Rajya Sabha that the then RBI Governor, Urjit Patel, had raised some concerns on the electoral bonds.

Sitharaman said, “The Governor, Reserve Bank of India, in his letters dated September 14 and September 27, 2017, raised certain concerns against the issue of electoral bonds. These reasons focused on the aspects of the platform for issuance and possible risks of a bearer bond and were reflective of the Reserve Bank of India’s conservative positioning.”

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هذه القصة مأخوذة من طبعة December 11, 2019 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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