AT1 bonds or additional tier 1 bonds are perpetual bonds as these do not have any maturity date. These are allowed as part of the Tier I capital for Banks under Basel III guidelines to the extent of 1.5% These bonds are riskier than other normal bonds because of the following features: · The issuing bank has the discretion to skip coupon payment. Under normal circumstances it can pay from profits or revenue reserves; however in case losses for the period, the coupon payment can be skipped. · The bank has to maintain a common equity tier I ratio of 5.5%, failing which the bonds can get written down or converted into equity.
What is the primary purpose of integrity in ethical behavior?
Which among the following correctly calculates Conversion Cost?
For issuing sweat equity shares, which of the following statements accurately reflects the conditions that must be fulfilled?
A Public company should hold at least ______ meetings in a year.
From a machine that cost Rs.50,000 and has residual value of zero the following costs and revenues are expected to be derived over its life of 4 years:<...
The value of derivative is determined by
On which of the following is the corporate dividend tax computed?
The Aggregate Demand (AD) curve slopes downward due to various reasons . Identify the correct set of reasons from the following options:
What type of license has the Reserve Bank of India (RBI) granted to Tata Payments?
If the budgeted production units were 500 and the budgeted material required was 1000. Actual material used up is 800 units for the output of 350 units....
