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      Question

      SBI has issued additional tier-1 (AT1) bonds worth a

      total of Rs 6,872 crore at a cut-off of how many %?
      A 4.5% Correct Answer Incorrect Answer
      B 7.75% Correct Answer Incorrect Answer
      C 6.83% Correct Answer Incorrect Answer
      D 9.65% Correct Answer Incorrect Answer
      E 10.5% Correct Answer Incorrect Answer

      Solution

      SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year.

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