XML 37 R24.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Long-term debt | 12 Months Ended
--- | ---
Mar. 31, 2016
Long-term debt | 18. Long-term debt Long-term debt as of March 31, 2015 and March 31, 2016 comprised of the following:
|  | As of |
|  | March 31, 2015 |  |  | March 31, 2016 |  |  | March 31, 2016 |
|  | (In millions) |
Subordinated debt |  | Rs. | 175,849.0 |  |  | Rs. | 164,204.5 |  |  | US$ | 2,478.6 |
Others |  |  | 282,085.4 |  |  |  | 358,109.0 |  |  |  | 5,405.4 |
Total |  | Rs. | 457,934.4 |  |  | Rs. | 522,313.5 |  |  | US$ | 7,884.0 |
The below table presents the balance of long term debt as of March 31, 2015 and March 31, 2016 and the related contractual rates and maturity dates:
|  | Years ended March 31, |
|  | 2015 |  |  | 2016 |
|  | Maturity / Call dates |  |  | Stated interest rates |  | Total |  |  | Maturity / Call dates |  |  | Stated interest rates |  | Total |  |  | Total |
|  | (In millions) |
Subordinated debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lower Tier II |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate |  |  | 2016 - 2025 |  |  | 6.00% to 10.70% |  | Rs. | 133,440.0 |  |  |  | 2017-2025 |  |  | 6.00% to 10.70% |  | Rs. | 121,420.0 |  |  | US$ | 1,832.8 |
Upper Tier II |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fixed rate |  |  | 2016 - 2021 |  |  | 8.70% to 10.85% |  |  | 34,159.0 |  |  |  | 2017-2021 |  |  | 8.70% to 10.85% |  |  | 34,159.0 |  |  |  | 515.6 |
Variable rate |  |  | 2016 - 2017 |  |  | USD LIBOR+1.2% |  |  | 6,250.0 |  |  |  | 2017 |  |  | USD LIBOR+1.2% |  |  | 6,625.5 |  |  |  | 100.0 |
Perpetual debt |  |  | 2016 - 2017 |  |  | 9.92% |  |  | 2,000.0 |  |  |  | 2017-2018 |  |  | 9.92% |  |  | 2,000.0 |  |  |  | 30.2 |
Others* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable rate—(1) |  |  | 2016 - 2018 |  |  | 1.50% to 2.59% |  |  | 49,375.0 |  |  |  | 2017-2020 |  |  | 1.08% to 4.30% |  |  | 63,207.3 |  |  |  | 954.0 |
Variable rate—(2) |  |  | 2016 - 2019 |  |  | 9.95% to 10.55% |  |  | 72,737.8 |  |  |  | 2017-2020 |  |  | 9.40% to 11.05% |  |  | 74,787.4 |  |  |  | 1,128.9 |
Fixed rate—(1) |  |  | 2016 - 2025 |  |  | 8.45% to 10.81% |  |  | 83,950.0 |  |  |  | 2017-2026 |  |  | 8.27% to 10.81% |  |  | 142,750.0 |  |  |  | 2,154.7 |
Fixed rate—(2) |  |  | 2016 - 2018 |  |  | 1.11% to 4.30% |  |  | 76,022.6 |  |  |  | 2017-2018 |  |  | 1.20% to 4.30% |  |  | 77,364.3 |  |  |  | 1,167.8 |
Total |  |  |  |  |  |  |  | Rs. | 457,934.4 |  |  |  |  |  |  |  |  | Rs. | 522,313.5 |  |  | US$ | 7,884.0 |
* | Variable rate (1) and fixed rate (2) represent foreign currency debt
The scheduled maturities of long-term debt are set out below:
|  | As of March 31, 2016 |
|  | (In millions) |
Due in the twelve months ending March 31: |  |  |  |  |  |  |  |
2017 |  | Rs. | 118,783.7 |  |  | US$ | 1,793.0 |
2018 |  |  | 83,540.0 |  |  |  | 1,261.0 |
2019 |  |  | 91,670.0 |  |  |  | 1,383.7 |
2020 |  |  | 21,515.3 |  |  |  | 324.8 |
2021 |  |  | — |  |  |  | — |
Thereafter (1) |  |  | 204,804.5 |  |  |  | 3,091.4 |
Total |  | Rs. | 520,313.5 |  |  | US$ | 7,853.9 |
(1) | The scheduled maturities of long-term debt do not include perpetual bonds of Rs. 2.0 billion.
During the year ended March 31, 2016 the Bank issued subordinated debt qualifying for Lower Tier II capital, under RBI regulatory guidelines, amounting to nil (previous period Rs. 5,000 million) and raised other long term debt Rs. 129,121.4 million (previous period Rs. 99,257.6 million). As of March 31, 2015 and March 31, 2016, other long-term debt includes foreign currency borrowings from other banks aggregating to Rs. 125,397.6 million and Rs. 140,571.6 million, respectively, and functional currency borrowings aggregating to Rs. 156,687.8 million and Rs. 217,537.4 million, respectively.

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration