c.

necessary co-operation to the Credit Rating Agencies will be extended in providing true and adequate
information till the debt obligations in respect of the instrument are outstanding;
d. it shall use a common form of transfer for the instrument.

XVI. THE DISCOUNT AT WHICH SUCH OFFER IS MADE AND THE EFFECTIVE PRICE FOR THE INVESTOR AS
A RESULT OF SUCH DISCOUNT

Debentures are being issued at the face value.

XVII. THE DEBT EQUITY RATIO PRIOR TO AND AFTER ISSUE OF THE DEBT SECUIRTY

Gross Debt: Equity Ratio on standalone basis

(Rs. In crores)
Particulars Pre-Issue* Post Issue of Bonds*

(As on 31st Dec 2019)

Total Borrowing (A) 112007 117007

Shareholder’s Funds-
Share Capital 564 564
Reserves 85634 85634
Total Shareholder’s Funds (B) 86198 86198
Debt Equity Ratio (A/B) 1.30 1.36
*Issue for the purpose of post issue calculation means- Private placement of unsecured, Nonconvertible, Non-cumulative,
Redeemable, Taxable Bonds in the nature of Debentures of face value of Rs. 10 lakhs each for an amount of Rs. 2,000 crores and
green shoe option of Rs. 3,000 crores aggregating to Rs. 5,000 crores.
* Post issue numbers have been calculated after increasing the debt by Rs. 5,000 crore.
* Deposits accepted by the Bank are in normal course of banking business and an operating activity of the Bank and hence not
included in the computation of debt to equity ratio.

The Capital Adequacy Ratios of the Bank are given below:

(Rupees in crores) Under Basel-III Under Basel-III Under Basel-III Under Basel-III
As on 31-Dec-2019 31-March-2019 31-March-2018 31-Mar-2017
Tier I Capital 86,716.11 69,238.37 67,476.27 56,039.32
Tier II Capital 18,362.93 18,221.21 18,298.59 14,565.85
Total Capital 105,079.04 87,459.58 85,774.86 70,605.17
Total risk weighted 5,77,469.54 552,048.06 5,17,630.78 4,72,313.18
assets and contingents
Capital Ratios
Tier I 15.02% 12.54% 13.04% 11.87%
Tier II 3.18% 3.30% 3.53% 3.08%
Total Capital 18.20% 15.84% 16.57% 14.95%

XVIII. SERVICING BEHAVIOR ON EXISTING DEBT SECURITIES, PAYMENT OF DUE INTEREST ON DUE DATES
ON TERM LOANS AND DEBT SECURITIES

The Bank is discharging all its liabilities in time and would continue doing so in future as well. The Bank has been
paying interest on the respective due dates for all its existing debenture issues. The Bank has redeemed debentures
on the respective due dates.

XIX. THE PERMISSION/ CONSENT FROM THE PRIOR CREDITOR FOR A SECOND PARI PASSU CHARGE
BEING CREATED IN FAVOR OF THE TRUSTEES TO THE PROPOSED ISSUE

The Bank is not required to obtain any consent from its creditors.

XX. NAME OF THE DEBENTURE TRUSTEE TO THE ISSUE

SBICAP Trustee Company Limited.

Apeejay House, 6th Floor,
3 Dinshaw Wachha Road, Churchgate,
Mumbai – 400 020.
Tel No. 91 - 22-43025555
Fax No. 91 - 22-22040465.
E-mail: corporate@sbicaptrustee.com
76 |