Latest data published by the Reserve Bank of India showed that the ownership of government bonds by pension funds was at a high of 4.32% of the outstanding stock of ₹103 lakh crore, or ₹4.48 lakh crore, in the quarter ended September. In the quarter ended March 2023, the ownership of government bonds by pension funds was at 3.50% of outstanding stock or ₹2.98 lakh crore.
