Question
Which of the following is an unsecured, perpetual and
non-convertible bond issued by banks in order to secure an external capital base to be used in times of a financial emergency without being subjected to insolvency and distress measures?Solution
AT1 Bonds stand for additional tier-1 bonds. These are unsecured bonds that have perpetual tenure. In other words, the bonds have no maturity date. They have a call option, which can be used by the banks to buy these bonds back from investors. These bonds are typically used by banks to bolster their core or tier-1 capital. They carry a higher rate of interest and they are riskier than other debt instruments.
Banks shall not publish the internal benchmark for which one of the following maturities:
For Financial Year 2022-23, it has been decided that the Pradhan Mantri Vaya Vandana Yojana shall provide an assured pension of 7.40% p.a. payable month...
Recently in August 2022, how much loan was sanctioned from Emergency Credit Line Guarantee Scheme?
Consider the following statements about ‘Bank of International Settlements (BIS)’:
I. Bank of International Settlements (BIS) is basically...
Which of the folloiwng becomes the first Central Public Sector Enterprise (CPSE) to achieve the major milestone of procurement value of Rs 10,000 crore ...
With the launch of revamped credit guarantee scheme for India’s micro and small enterprises that will come into effect April 1, 2023,the limit on ceil...
Sangeeta Singh succeeded whom as the chairman of Central Board of Direct Taxes (CBDT),?
Equity Multiplier allows the Investors to see: (In DuPont Analysis)
Bonds with original maturities of one year or less are called:
Identify the parameters of the Financial Inclusion Index launched by RBI?