E-PaperTier Ii Bonds News
Yes Bank to skip payment of interest on bonds
In the rescue process, Yes Bank’s AT1 bonds worth ₹8,415 crore were written down in full in MarchYes Bank’s total capital adequacy ratio stood at 8.5% in the March quarter, of which common equity tier-I (CET1) ratio was at 6.3% and tier-II ratio was at 2%
1 min read23 Jun 2020RBI disallows Yes Bank from paying interest on tier II bonds
The lender said RBI has expressed its inability to accede to bank’s request for payment of interest dues since the bank does not meet the minimum capital requirements currently
2 min read22 Jun 2020Dhanlaxmi Bank’s upper tier II bonds downgraded to default rating
This is the first case of a bank receiving a default rating on any of its instruments
2 min read6 Aug 2016SBI raises Rs3,000 crore through tier-II bonds
SBI has priced its 10-year bonds at a yield of 8.45%
1 min read20 Feb 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared