Basel Iii Norms

Additional Tier 1 bonds do not have a maturity date and are perpetual in nature. These debt instruments offer higher returns to investors but they also carry a higher risk.

Finance Ministry for extending RBI deadline on Basel III norms

These global capital to risk norms, called Basel III capital regulation, are being implemented in phased manner by RBI since April 1, 2013. They are to be fully implemented as on March 31, 2019.

UCO Bank requests LIC to invest Rs 1,000 cr via Tier-2 bonds

State-run UCO Bank has written to LIC requesting it to invest Rs 1,000 crore in Tier-2 bonds of the bank, a source told Moneycontrol

Syndicate Bank fund infusion: Govt gets open offer exemption

Markets regulator Sebi today exempted the government from making an open offer pursuant to to its acquisition of additional 7.75 per cent stake in Syndicate Bank under a capital infusion plan.

Syndicate Bank raises Rs 870 crore via bonds

State-owned Syndicate Bank today said it has raised Rs 870 crore from Tier I bonds to meet Basel III norms.

Syndicate Bank to raise Rs 217 cr by share sale to LIC

Public sector lender Syndicate Bank will raise over Rs 217 crore by allotting preferential shares to LIC to shore up capital to meet Basel III norms.

Indian Bank to raise Rs 1,100 cr via Basel-III compliant bonds

The money will be raised in one or more tranches in the current and following years, the bank said.

RBI issues framework for leverage ratio for banks

The Basel Committee is monitoring banks' leverage data on a semi-annual basis in order to assess the design and calibration of the leverage ratio over a full credit cycle and for different types of business models.

'Take stern steps to recover loans from wilful defaulters'

NPAs, or bad loans, of public sector banks rose 28.5 percent to Rs 2.36 lakh crore in September last year from Rs 1.83 lakh crore in March 2013. Total NPAs had gone up to Rs 1.37 lakh crore in March 2012 from Rs 94,121 crore in March 2011. The amount of NPAs in September 2013 has more than doubled since March 2011.

'Holding on to leveraged PSUs is just asking for trouble'

There is no need to sell MNC consumer companies such as HUL, or some of the themes which are emerging in the market, such as liquor companies. But if an investor has a leveraged block, or PSU block, there will be trouble if they hold on to it, because even if there is a pullback rally, the chances of these stocks being a part of it are less.

Budget 2013: FM proposes Rs 14,000 cr capital support to banks in FY14

The Union Budget 2013-14 proposed to provide a sum of Rs 14,000 crore capital support to all public sector banks. This will help maintain their minimum tier – I capital of 8% under Basel III. In turn, lenders can expand their loans maintaining the growth in the balance sheet. During FY13, GOI had budgeted for Rs12,000 crore.

Indian banks may face hurdle to raise fund under Basel III

Banks from the Asia-Pacific region as a whole were better placed to meet the higher capital requirements under Basel III norms, but Indian and Chinese banks may find it difficult to raise funds to meet the new norms due to their rising bad assets, ratings agency Standard & Poor's said today.

FinMin to float cabinet note to set up holding co for PSBs

The finance ministry has taken the first step towards setting up a holding company for public sector banks and will float a cabinet note for this shortly. Most international banks are held by a holding company and in the Indian context; this will help the government with equity infusion

Govt ready to infuse Rs 20K cr eq capital annually in PSBs

The government of India, the major stake holder in public sector banks, is ready to provide an equity capital support of upto Rs 20,000 crore per year to meet their Basel III norms, an international standard to maintain good health for banks. Moreover, it does not see any immediate crisis on account of this.

Banks need Rs 1.75 tln fresh capital to meet Basel III: RBI

For the first time, Reserve Bank today quantified the cost of implementing Basel-III norms, pegging the recapitalisation needs of the banking system at Rs 1.75 trillion, but added that it is manageable.

Corp Bank may require up to Rs 1600cr more capital

State-owned Corporation Bank today said it would require up to Rs 1,600 crore in additional capital in 2013-14.

RBI asks primary dealers to stop short-term debt issues

The Reserve Bank of India (RBI) said standalone primary dealers will not be allowed to raise capital through short-term bonds from July 1, and should instead issue long-tenure debt to strengthen their capital base and align with Basel III norms for banks.

Are the worst of bad loans over for banking industry?

Experts join CNBC-TV18's Latha Venkatesh to discuss how banks will tackle with the double whammy of Basel III norms and rising NPAs.

Transition to Basel III will not be a challenge: CRISIL

Pawan Agrawal, senior director, CRISIL Ratings told CNBC-TV18 that though the Basel III norms were not meant for Indian banks, they were relevant in addressing the problems which would rise as Indian banks transform into organisations similar to their global counterparts over the next decade.

Govt equity may go up to 71% post pref issue: IDBI Bank

About 5% of the issue will be given to LIC as a preferential allotment, informs RK Bansal, ED & CFO of IDBI Bank.

Basel-III norms may negatively affect loan growth: S&P

The Reserve Bank of India's proposed guidelines for implementing Basel-III norms may "negatively affect" credit growth of a few Indian Standard and Poor's said.