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 (IPDI) of total Tier-I capital at any point of time?
    A 5% Correct Answer Incorrect Answer
    B 10% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 35% Correct Answer Incorrect Answer
    E 40% Correct Answer Incorrect Answer

    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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