Basel Iii

Will bankers ever learn?

Basel-III capital norms, which bankers oppose, are beneficial for both banks and the economy

Basel-III rules to give Nabard room to double balance sheet from April 2024

Shaji K V, chairman of Nabard, said at present the institution is adequately capitalised and under the Basel framework the capital adequacy ratio will be upward of 20 per cent

PNB raises Rs 582 cr through Basel III compliant Additional Tier-I bonds

Public sector lender Punjab National Bank (PNB) has raised Rs 582 crore by issuing bonds on a private placement basis. The bank has issued and allotted Basel III compliant Additional Tier I bonds at a coupon of 8.40 per cent per annum, aggregating to Rs 582 crore on a private placement basis, the bank said in a regulatory filing on Friday. The bank said the non-convertible taxable bonds will qualify as Tier I capital.

Bank of Maharashtra raises Rs 710 cr via Basel III Additional Tier 1 bonds

State-owned Bank of Maharashtra (BoM) on Wednesday said it has raised Rs 710 crore from bonds to fund business growth. The fund raised via Basel III compliant Additional Tier 1 (AT1) bonds of Rs 710 crore (including green shoe option of Rs 610 crore) is at a coupon rate of 8.74 per cent, the bank said in a statement. The issue garnered overwhelming response from investors with subscription of 10 times against base issue size of Rs 100 crore. The capital raised through the AT1 bonds will support the business growth of the bank. The AT1 instrument is perpetual in nature; with call option after 5 years.

SBI to raise up to Rs 7,000 cr via Basel-III AT1 bonds on Sept 11

Non convertible Taxable Perpetual Subordinated Unsecured Basel III compliant Additional Tier 1 Bonds in the nature of debentures of face value Rs 1 Crore each

Bank of Baroda planning to raise Rs 5 billion through perpetual bonds

India's Bank of Baroda plans to raise at least 5 billion rupees ($62.52 million) through sale of Basel III compliant additional Tier I perpetual bonds, say three merchant bankers

Canara Bank raises Rs 2,000 cr by issuing Basel III compliant bonds

"The bank received total bid amount of Rs 5,719 crore, out of which full issuance of Rs 2,000 crore was accepted at 8.24 per cent," Canara Bank said in a regulatory filing.

HDFC Bank plans to raise up to Rs 5,000 cr in capital via AT1 bonds

The lender will separately raise up to Rs 5,000 crore through infrastructure bonds carrying "AAA" rating.

Canara Bank raises Rs 1,000 cr through Basel-III compliant AT-1 bonds

The bonds carry coupon rate of 8.07 per cent per annum

Union Bank of India raises Rs 1,500 cr through Basel-III compliant bonds

The bank has allotted unsecured, subordinated, non-convertible, taxable, perpetual, fully paid-up Basel III compliant additional tier-I bonds in the nature of debentures, aggregating to Rs 1,500 crore

HDFC Bank considers its first offshore bond to boost its buffers

It would be only the second such offshore offering from an Indian bank after State Bank of India sold such securities in 2016.

Bank of India to issue Basel III compliant bonds to raise up to Rs 750 cr

Bank of India on Wednesday said it will raise up to Rs 750 crore by issuing Basel III compliant bonds.

Union Bank of India raises Rs 500 cr by issuing Basel III compliant bonds

State-owned Union Bank of India on Tuesday said it has raised Rs 500 crore debt capital by issuing Basel III compliant bonds. The bank has allotted unsecured, subordinated, non-convertible taxable perpetual fully paid-up Basel III compliant debt instruments in the nature of debentures aggregating to Rs 500 crore on December 15, 2020, Union Bank of India said in a regulatory filing. To comply with Basel-III capital regulations, the banks need to improve and strengthen their capital planning processes. These norms are being implemented to mitigate concerns on potential stresses on asset quality and consequential impact on performance and profitability of banks. Shares of Union Bank of India on Tuesday closed 1.03 per cent lower at Rs 33.50 apiece on the BSE.

State Bank of India raises Rs 7,000 cr via Basel III compliant bonds

The bonds qualify as tier II capital of the bank, and has face value of Rs 10 lakh each, bearing coupon rate of 6.24 per cent per annum payable annually for a tenor of 10 years, it said

Canara Bank raises Rs 1,012 cr by issuing Basel III compliant bonds

Canara Bank on Friday said it has raised Rs 1,012 crore by issuing Basel III compliant bonds

Punjab National Bank raises Rs 994 cr by issuing Basel III compliant bonds

The issue opened on July 27 and closed on July 29, PNB said

IDBI Bank raises capital worth Rs 745 cr via tier-II bonds after 2 years

Bank officials said the money raised through tier II bond offering is expected to increase Capital Adequacy Ratio (CAR) by about 50 basis points

BoB directors to finalise plans to raise capital at Jan 8 meeting

CRISIL believes BoB will be able to maintain adequate capitalisation over the medium term, backed by capital support from the Union government

Bank of Baroda raises Rs 920 cr via private placement of Basel III bonds

The issue which opened on Thursday and closed the same day, saw a total of 11 allottees through private placement of bonds, the bank said in a BSE filing

Bank of Baroda raises Rs 1,747 cr by issuing Basel III-compliant bonds

To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes.