RBI extends implementation of last tranche of 0.625% Capital Conservation Buffer to March 2020

Image
Capital Market
Last Updated : Jan 10 2019 | 8:16 PM IST

Pre-specified trigger for loss absorption through conversion / write-down of Additional Tier 1 instruments shall remain at 5.5% of RWAs and will rise to 6.125% on 31 March 2020

The Reserve Bank of India has decided to defer the implementation of the last tranche of 0.625% of Capital Conservation Buffer (CCB) from 31 March 2019 to 31 March 2020. Accordingly, minimum capital conservation ratios under 'Capital Conservation Buffer Framework' as applicable from 31 March 2018 will also apply from 31 March 2019 till the CCB attains the level of 2.5% on 31 March 2020.

Further, the pre-specified trigger for loss absorption through conversion / write-down of Additional Tier 1 instruments (PNCPS and PDI) shall remain at 5.5% of RWAs and will rise to 6.125% of RWAs on 31 March 2020.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 10 2019 | 7:59 PM IST

Next Story