Banks have to get ratings from these agencies to comply with Basel-III capital regulations
The bank proposes to raise funds by issue and allotment of rated, listed, non-convertible, perpetual, subordinated and unsecured Basel III compliant Bonds in nature of debentures towards non-equity regulatory additional tier I capital, IndusInd Bank said in a regulatory filing.
State-owned Central Bank of India today said it has raised Rs 500 crore by allotting tier-II bonds to eligible investors
ICRA has come out with its report on Basel III guidelines and its impact on banks.
The Reserve Bank of India (RBI) on Wednesday directed Indian banks to maintain a minimum tier I capital or core capital which is equity and reserve under the final guidelines on Basel-III capital regulations. Moreover, the regulator, for the first time, asked lenders to keep a capital conservation buffer of 2.50%.