Question
SBI has issued additional tier-1 (AT1) bonds worth a
total of Rs 6,872 crore at a cut-off of how many %?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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