“The aggregate value of AT1 (additional tier one) bonds held in a particular bank, at any point of time, shall not excess 10% of the total outstanding AT1 bonds of that particular bank,” Insurance Regulatory Development Authority of India (IRDAI) said late Wednesday. Earlier, the cap was meant for any particular primary issuance of those bonds, popularly known as perpetual papers.
9 equity MF categories that delivered over 20% returns in 5 years
Around 9 equity mutual fund categories have offered over 20% returns in the last five years, according to data by ACE MF. These categories offered