{"id":260984,"date":"2019-02-25T04:49:37","date_gmt":"2019-02-25T04:49:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=260984"},"modified":"2019-02-25T07:25:38","modified_gmt":"2019-02-25T07:25:38","slug":"epfo-writes-to-finance-ministry-on-exposure-to-crisis-hit-ilfs-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/epfo-writes-to-finance-ministry-on-exposure-to-crisis-hit-ilfs-bonds\/","title":{"rendered":"EPFO writes to Finance Ministry on exposure to crisis-hit IL&amp;FS bonds"},"content":{"rendered":"<p>Concerned over its exposure to IL&amp;FS bonds, the Employees Provident Fund Organisation (EPFO) has intimated the Ministries of Finance and Corporate Affairs and sought its help in protecting the retirement fund money of large numbers of people.<\/p>\n<p>&#8220;Letters have been written to the Finance Minister and also to Corporate Affairs,&#8221; Central Provident Fund Commissioner Sunil Barthwal told IANS. However, he said the EPFO&#8217;s exposure in the debt-ridden company&#8217;s bonds is &#8220;very less&#8221; considering its total corpus. <\/p>\n<p>&#8220;Till now there has been no default by IL&amp;FS in paying our interest amount or any principal amount. Now we will have to see, what happens when our interest becomes due. That we are watching,&#8221; Barthwal said without divulging the amount of investment in the bonds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Concerned over its exposure to IL&amp;FS bonds, the Employees Provident Fund Organisation (EPFO) has intimated the Ministries of Finance and Corporate Affairs and sought its help in protecting the retirement fund money of large numbers of people. &#8220;Letters have been written to the Finance Minister and also to Corporate Affairs,&#8221; Central Provident Fund Commissioner Sunil Barthwal told IANS. However, he said the EPFO&#8217;s exposure in the debt-ridden company&#8217;s bonds is &#8220;very less&#8221; considering its total corpus. &#8220;Till now there has been no default by IL&amp;FS in paying our interest amount or any principal amount. Now we will have to see, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-260984","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=260984"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/260984\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=260984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=260984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=260984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}