Question
As per the recent guidelines by RBI for issuance of Share Capital by Rural Co-operative Banks, what is the limit of the outstanding amount of PNCPS and Perpetual Debt Instruments along with outstanding Innovative Perpetual Debt Instruments (IPD
- I of total Tier-I capital at any point of time?
Solution
The outstanding amount of PNCPS and Perpetual Debt Instruments (PDI) along with outstanding Innovative Perpetual Debt Instruments (IPDI) issued by Rural Cooperative Banks shall not exceed 35 per cent of total Tier-I capital at any point of time.
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