Which among the following is NOT a part of Tier-I capital?
[B]Fully Paid-up Capital
Tier 1 mainly includes permanent shareholders’ equity (which includes issued and fully paid ordinary shares / common stock and perpetual non-cumulative preference shares) and disclosed reserves (or profits created or increased by appropriations of retained earnings or other surplus, e.g.: share premiums, retained profit, general reserves and legal reserves). On the other hand, Tier-II includes undisclosed reserves and other subordinate capital.