Which of the following type of Preference share will not be treated as Tier II capital?
Preference shares may be of the following types: · Perpetual Non-Cumulative preference shares (PNCPS) · Perpetual Cumulative preference shares (PCPS) · Redeemable Non-Cumulative preference shares (RNCPS) · iv)Redeemable Cumulative preference shares (RCPS) Perpetual Non-Cumulative Preference Shares (PNCPS) would be eligible to be treated as Tier I capital. Perpetual Cumulative Preference Shares (PCPS), Redeemable Non-Cumulative Preference Shares (RNCPS) and Redeemable Cumulative Preference Shares (RCPS) would be eligible to be treated as Tier II capital.
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