Basel-III norms Current Affairs, GK & News

SEBI relaxes Valuation Norms for AT-1 Bonds

The Securities and Exchange Board of India (SEBI) relaxed the norms for valuing perpetual bonds on March 22, 2021 after the finance ministry opposed the norms which proposed to value banks deemed residual maturity of Basel III additional tier 1 (AT1) bonds as 100-year debt. Highlights The statement released by the SEBI highlighted that the ..