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Long-term debt (Tables)
 12 Months Ended
Mar. 31, 2017
Schedule of Long-term Debt Instruments

The below table presents the balance of long-term debt as of March 31, 2016 and March 31, 2017 and the related contractual rates and maturity dates:

 

    Years ended March 31,  
    2016     2017  
    Maturity /
Call dates		    

Stated interest rates

   Total     Maturity /
Call dates		    

Stated interest rates

   Total     Total  
    (In millions)  

Subordinated debt

              

Lower Tier II

              

Fixed rate

     2017 - 2025     6.00% to 10.70%   Rs.  121,420.0       2018-2027     6.00% to 10.70%   Rs.  121,215.9     US$  1,869.2  

Upper Tier II

              

Fixed rate

     2017 - 2021     8.70% to 10.85%     34,159.0       2018-2021     8.70% to 10.85%     27,797.7       428.6  

Variable rate

     2017     USD LIBOR+1.2%     6,625.5       —       —       —         —    

Perpetual debt

     2017 - 2018     9.92%     2,000.0       —       —       —         —    

Others*

              

Variable rate—(1)

     2017 - 2020     1.08% to 4.30%     63,207.3       2018-2022     2.20% to 3.70%     22,013.6       339.5  

Variable rate—(2)

     2017 - 2020     9.40% to 11.05%     74,787.4       2018-2021     8.00% to 11.35%     74,677.8       1,151.5  

Fixed rate—(1)

     2017 - 2026     8.27% to 10.81%     142,750.0       2018-2027     7.07% to 10.35%     444,930.8       6,860.9  

Fixed rate—(2)

     2017 - 2018     1.20% to 4.30%     77,364.3       2018     1.62% to 4.30%     40,284.9       621.2  
     

 

 

        

 

 

    

 

 

  

Total

       Rs.  522,313.5         Rs. 730,920.7     US$ 11,270.9  
     

 

 

        

 

 

    

 

 

  

 

* Variable rate (1) and fixed rate (2) represent foreign currency debt
Maturities of Long-Term Debt Disclosures

The scheduled maturities of long-term debt are set out below:

 

     As of March 31, 2017  
     (In millions)  

Due in the twelve months ending March 31:

      

2018

    Rs.   167,491.4      US$   2,582.8  

2019

      143,988.3        2,220.3  

2020

      136,973.9        2,112.2  

2021

      7,560.0        116.6  

2022

      12,069.7        186.1  

Thereafter

      262,837.4        4,052.9  
  

 

 

     

 

 

  

Total

    Rs.   730,920.7      US$   11,270.9  
  

 

 

     

 

 

  
Long-term Debt  
Schedule of Long-term Debt Instruments

Long-term debt as of March 31, 2016 and March 31, 2017 comprised of the following:

 

     As of  
     March 31, 2016      March 31, 2017      March 31, 2017  
     (In millions)  

Subordinated debt

    Rs. 164,204.5      Rs. 149,020.0      US$ 2,297.9  

Others

      358,109.0        581,969.0        8,974.1  

Less: Debt issuance cost

      *        (68.3 )       (1.1 ) 
  

 

 

     

 

 

     

 

 

  

Total

    Rs. 522,313.5      Rs. 730,920.7      US$ 11,270.9  
  

 

 

     

 

 

     

 

 

  

 

* The Bank has adopted the provisions of ASU 2015-03- “Interest-Imputation of Interest (subtopic 835-30)”, prospectively. Refer to note 2(w)