Issuance of perpetual bank capital instruments restricted to banks; requires prior central bank approval and mandated disclosures. The regulations apply to issuance and listing of Perpetual Non Cumulative Preference Shares and Innovative Perpetual Debt Instruments only when issued by banks; non banks are prohibited from issuing them. Banks may issue these instruments subject to prior approval and compliance with Reserve Bank of India Guidelines, Companies Act obligations where applicable, any Board specified terms, adequate offer document disclosure of features and risks, and relevant listing requirements.