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Long-term debt (Tables) | 12 Months Ended
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Mar. 31, 2021
Schedule of Long-term Debt Instruments | The below table presents the balance of long-term debt as of March 31, 2020 and March 31, 2021 and the related contractual rates and maturity dates:
|  | As of, |
|  | March 31, 2020 |  |  | March 31, 2021 |
|  | Maturity / Call dates |  |  | Stated interest rates |  | Total |  |  | Maturity / Call dates |  |  | Stated interest rates |  | Total |  |  | Total |
|  | (In millions) |
Subordinated debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subordinated debt (other than perpetual debt) |  |  | 2021-2030 |  |  | 7.56% to 10.20% |  | Rs. | 133,730.8 |  |  |  | 2022-2031 |  |  | 7.35% to 10.20% |  | Rs. | 126,240.0 |  |  | US$ | 1,726.0 |
Perpetual debt |  |  | 2023-2030 |  |  | 8.84% to 9.70% |  |  | 84,972.7 |  |  |  | 2023-2030 |  |  | 8.84% to 9.70% |  |  | 84,976.1 |  |  |  | 1,161.8 |
Others* |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Variable rate—(1) |  |  | 2021-2023 |  |  | 0.80% to 2.87% |  |  | 59,018.7 |  |  |  | 2022-2024 |  |  | 0.11% to 1.33% |  |  | 50,935.8 |  |  |  | 696.4 |
Variable rate—(2) |  |  | 2021-2024 |  |  | 7.50% to 8.95% |  |  | 118,083.8 |  |  |  | 2022-2025 |  |  | 5.90% to 7.75% |  |  | 97,418.0 |  |  |  | 1,331.9 |
Fixed rate—(1) |  |  | 2021-2030 |  |  | 4.15% to 9.56% |  |  | 630,712.3 |  |  |  | 2022-2032 |  |  | 2.80% to 9.56% |  |  | 815,188.3 |  |  |  | 11,145.7 |
Total |  |  |  |  |  |  |  | Rs. | 1,026,518.3 |  |  |  |  |  |  |  |  | Rs. | 1,174,758.2 |  |  | US$ | 16,061.8 |
* |  | Variable rate (1) represent foreign currency debt. Variable rate debt is typically indexed to LIBOR, T-bill rates, Marginal cost of funds based lending rates (MCLR), among others.
Maturities of Long-Term Debt Disclosures | The scheduled maturities of long-term debt are set out below:
|  | As of March 31, 2021 |
|  | (In millions) |
Due in the twelve months ending March 31: |  |  |  |  |  |  |  |
2022 |  | Rs. | 98,617.5 |  |  | US$ | 1,348.3 |
2023 |  |  | 336,114.4 |  |  |  | 4,595.5 |
2024 |  |  | 210,475.8 |  |  |  | 2,877.7 |
2025 |  |  | 133,798.1 |  |  |  | 1,829.3 |
2026 |  |  | 29,748.7 |  |  |  | 406.7 |
Thereafter |  |  | 281,027.6 |  |  |  | 3,842.3 |
Total (1) |  | Rs. | 1,089,782.1 |  |  | US$ | 14,899.8 |
(1) |  | The  scheduled maturities of long-term debt do not include perpetual bonds of Rs. 84,976.1 million (net of debt issuance cost).
Long-term Debt |
Schedule of Long-term Debt Instruments | Long-term debt as of March 31, 2020 and March 31, 2021 comprised of the following:
|  | As of March 31, |
|  | 2020 |  |  | 2021 |  |  | 2021 |
|  | (In millions) |
Subordinated debt |  | Rs. | 218,755.0 |  |  | Rs. | 211,270.0 |  |  | US$ | 2,888.6 |
Others* |  |  | 808,222.0 |  |  |  | 964,014.9 |  |  |  | 13,180.4 |
Less: Debt issuance cost |  |  | (458.7 | ) |  |  | (526.7 | ) |  |  | (7.2 | )
Total |  | Rs. | 1,026,518.3 |  |  | Rs. | 1,174,758.2 |  |  | US$ | 16,061.8 |
* | Includes securities sold under repurchase agreements amounting to Rs. 17,260.0 million with stated interest rate of 5.15% per annum and Rs. 90,200.0 ( US$ 1,233.3 million) with stated interest rate of 4.0 % per annum for the year ended March 31, 2020 and March 31, 2021, respectively, under RBI long-term repo operation with a three- year maturity period.

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -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=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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