Question
Recently SBIÂ has raised Rs 9,718 crore through its
second infrastructure bond issuance at a coupon rate of 7.70 per cent per annum for the _____ year money.Solution
SBIÂ has raised Rs 9,718 crore through its second infrastructure bond issuance at a coupon rate of 7.70 per cent per annum for the 15-year money. This is the second fund-raising since early December when it had mopped up Rs 10,000 crore via infra bonds.
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