Tag Archives: FinMin Has Requested That the Securities and Exchange Commission (Sebi) Withdraw Its Directive on AT1 Bond Tenure

FinMin Has Requested That the Securities and Exchange Commission (SEBI) Withdraw Its Directive on AT1 Bond Tenure

The finance ministry has asked the market regulator Sebi to withdraw its directive to mutual fund houses to consider additional in Tier I (AT-1) bonds as having a maturity of 100 years, citing the risk of market disruption and a negative effect on banks capital raising. According to the Basel III rules, AT-1 bonds are […]