New Enroll in RBI Grade B New Batch - Starts on May 21

    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.

    Practice Next