SBI has issued additional tier-1 (AT1) bonds worth a
total of Rs 6,872 crore at a cut-off of how many %?
A4.5%Correct AnswerIncorrect Answer
B7.75%Correct AnswerIncorrect Answer
C6.83%Correct AnswerIncorrect Answer
D9.65%Correct AnswerIncorrect Answer
E10.5%Correct AnswerIncorrect 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.