RBI pushes for inflation-linked bonds, buyback of gold by banks

..... “We had a discussion with banks today on introducing inflation-indexed bonds. We had introduced these bonds some years ago, but this time we would be redesigning them. We consulted banks if these would be successful. Banks asked us to which inflation index the bonds would be linked, say consumer price index or wholesale price index or any other index, and what interest rate will be offered. They asked us if these bonds would attract retail investors or bulk investors.”......

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