Definitions Of Non-Convertible Redeemable Preference Share :

 

“Non-Convertible Redeemable Preference Share” means a preference share which is redeemable in accordance with the provisions of the Companies Act, 2013 and does not include a preference share which is convertible into or exchangeable with equity shares of the issuer at a later date, with or without the option of the holder.

“Perpetual Non-Cumulative Preference Share” means a perpetual Non-Cumulative Preference Share issued by a bank in accordance with the guidelines framed by the Reserve Bank of India.

“Innovative Perpetual Debt Instrument” means an innovative perpetual debt instrument issued by a bank in  accordance with the guidelines framed by the Reserve Bank of India;