Parliamentary panel says such stringent norms stipulated by the RBI for banks ... is unrealistic and unwarranted
2 min read3 Jan 2019Committee also approved issuance of tier II capital bonds compliant with Basel III capital of ₹285 crore, with a base issue size up to ₹100 crore with a green shoe option to retain oversubscription up to ₹185 crore.
1 min read2 Jan 2019Relaxing current risk-adjusted capital norms can hurt economy, says RBI
2 min read29 Dec 2018The ICICI Bank bonds, carrying a coupon of 9.90% per annum, are rated AA+ by rating agencies CARE, ICRA and Crisil
1 min read28 Dec 2018The Basel III bonds are in the nature of debentures of face value of 10 lakh each bearing coupon of 9.37% per annum payable annually, says SBI
1 min read21 Dec 2018Canara Bank says it can raise the funds in single or multiple tranches, depending on market conditions
1 min read20 Dec 2018Under the new dispensation, the capital infusion by the government in public sector banks for meeting the capital buffer norms would come down to 15,000-20,000 crore
2 min read23 Nov 2018The RBI board has decided to extend the timeline for full implementation of Basel III norms for bank capital by a year
2 min read21 Nov 2018SBI shareholders will meet on 7 December to consider the proposal to raise up to Rs20,000 crore through various modes, including a follow on FPO, to fund its growth
1 min read6 Nov 2018The committee of the directors for capital raising has accorded approval to allot Basel III compliant debt instruments
1 min read2 Nov 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared