Khuntia said,“Who will fight from which seat is not a question,
it is the question of who is likely to win.
Asked if the regulator would permit companies, on the lines of banks, to raise more than 25
per cent of their net worth from Tier-2 bonds, Khuntia said,“That request has been made today in our
discussions, but my belief is that this will be possible when the industry moves to a risk-based capital regime.”.