ICICI and The issue of long term bonds case

Should ICICI Bank issue a greater amount of long term bonds to offset short term deposit liabilities?What would be the impact on the bank's funding (what should they issue) based on the Basel III requirements (be sure to note the requirements of Basel III and how they align with the Indian Banking regulations)?What is the likely impact on the bank of the funding shortfalls as they try to comply to the regulatory requirements -what will the regulators do in a non-compliance situation?