This change acknowledges that it is common equity capital of a bank that has the highest loss-absorption capacity and is the least like debt. Overall, risk thresholds under the revised framework have been made more granular.
(ii)  Some of the corrective actions which were earlier a part of ‘structured (mandatory) actions’ to be taken by the supervisor have been moved to a more comprehensive menu of ‘discretionary actions’ under the revised framework (detailed comparison is  7  in Annex Ib). Thus, the scope of mandatory actions across all risk thresholds has been restricted essentially to: a.