Basel Iii

The bigger problem with the way countries are implementing Basel III regulations is that nobody’s looking out for the interests of borrowers outside their own borders. That hurts everyone — borrowers, lenders, developing countries, and even the planet

Union Bank of India to allot Basel III bonds of Rs 2,000 crore next week

The bank has considered the issuance of Basel III compliant debt instruments in the nature of debentures of Rs 500 crore, with green shoe option up to Rs 1,500 crore (maximum Rs 2,000 crore) on private placement basis, the bank said in a regulatory filing.

Govt seeks dilution of PCA framework, shift to Basel-III norms

The RBI had tightened PCA norms last year, adding to the stress in the sector. Banks’ bad loan provisioning rose after the regulator’s asset quality review in 2015-16

Govt may approach RBI to dilute banks' minimum capital requirement

A relaxation in the rules will help weaker banks, which are foregoing fresh lending, to meet the RBI’s capital adequacy ratio

J&K Bank to raise Rs 1,000 crore via bonds under Basel III to boost capital

The bank will bring the matter before the shareholders in the ensuing annual general meeting to be held on July 7.

RBI prescribes 100% net stable funding ratio for banks under Basel III liquidity standards

In the backdrop of the global financial crisis that started in 2007, the Basel Committee on Banking Supervision (BCBS) proposed certain reforms to strengthen global capital and liquidity regulations

United Bank of India eyes Rs 500 crore mop-up through Basel III bonds

"The board of directors of the bank... approved issuance and allotment of unsecured Basel III compliant, listed, tier-2 bonds in the form of promissory note... with or without greenshoe option, aggregating up to Rs 500 crore on a private placement basis," the bank said in a regulatory filing.

Axis Bank to issue debentures to raise Rs 5,000 crore

Axis Bank, country’s third largest private bank, on Monday said it will raise Rs 5,000 crore by issuing non-convertible debt securities.

Punjab & Sind Bank raises Rs 1,000 crore via bonds

The bonds allotted are perpetual in nature, meaning there is no maturity period and it can be converted to equity as well.

Punjab & Sind Bank to raise Rs 1,500 cr via bonds in FY18

"The bank proposes to raise funds through issue of Basel III compliant additional tier I up to Rs 1,000 crore and Basel III compliant tier II bonds up to Rs 500 crore during 2017-18 in one or more tranches," it said in an exchange filing.

Punjab National Bank raises Rs 250 crore via debentures

Public sector lender Punjab National Bank today raised Rs 250 crore by issuing Basel III compliant perpetual debt instruments in the nature of debentures.

Bank of India raises Rs 1000 crore via Basel III bonds

State-owned Bank of India has raised Rs 1,000 crore through issue of bonds compliant with globally accepted Basel III standards.

UCO Bank requests LIC again to invest Rs 1K cr in tier-2 bonds, but insurer seen unwilling

The insurer may not be keen to comply as it feels size of investment is too huge. It has reservations about the paper’s rating, too.

Bank of India to raise Rs 1000 cr to comply Basel III norms

"The bank is in process of raising Basel-III compliant additional tier-1, perpetual bonds -Series 4, for an amount of Rs 500 crore with a green shoe option of Rs 500 crore, aggregating Rs 1,000 crore by private placement," Bank of India said in a regulatory filing.

Central Bank of India raises Rs 500 cr through bonds

The bank will offer an interest rate of 8.62 percent per annum to the bond holders, the bank said in a regulatory filing.

IDBI Bank losses may stifle its stock performance

Demonetisation, capital constraints and spike in bad loans has hit the government-owned IDBI Bank hard as its net loss widened to Rs 2255 crore in the October to December period.

Respite for banks as RBI eases norms on AT1 servicing: Icra

Icra said with capital requirements for public sector banks (PSBs) till FY19 remaining large, "the current relaxation by RBI will enable weaker banks to raise capital through AT1 instruments, subject to investor appetite".

RBI amends AT-1 bonds framework on coupon payments

The Reserve Bank today amended regulations governing AT-1 bonds under the Basel-III framework, wherein it allowed lenders to pay coupons from profits and reserves.

Budget 2017: FM allocates Rs 10,000cr towards bank recapitalisation in FY18

Amid hopes Budget 2017 would increase allocation towards recapitalisation of ailing public sector banks, Finance Minister Arun Jaitley today stuck to the previously-outlined target of infusing Rs 10,000 crore into banks.

SBI hits overseas debt market with $500 mn 5-year bond sale

The nation's largest lender State Bank of India has hit the international debt market with a benchmark issue to raise around USD 500 million as part of its USD 10-billion medium-term notes programme through a five- year dollar money sale.

UBI raises Rs 750 cr by issuing Basel compliant bonds

"Union Bank of India on November 24, 2016 has issued 7500 redeemable, unsecured subordinated Basel III compliant tier II bonds eligible for inclusion in tier-II capital," it said in a regulatory filing.

Axis Bank to raise up to Rs 1,800 crore via debentures

The bank will raise funds by issuing unsecured redeemable non-convertible subordinated debentures of the face value of Rs 10 lakh each for cash at par aggregating to Rs 1,800 crore, Axis Bank said in a regulatory filing to the stock exchanges.

SBI plans to raise Rs 5,681 cr from preferential issue to govt

The bank has called a general meeting of shareholders on December 20 for taking approval for issuance of preference shares, SBI said in a regulatory filing to stock exchanges.