Question
SBM Bank (India) has raised ______ through the issuance
of the second tranche of Basel-III compliant tier II bonds in January 2023.Solution
 SBM Bank (India) has raised Rs 99 crore through the issuance of the second tranche of Basel-III compliant tier II bonds in January 2023. The bank has raised the entire corpus from Life Insurance Corporation (LIC). With this fresh round of capital raising from multiple investors, SBM Bank India now has raised a total of Rs 224 crore to date through Basel III compliant tier II bonds.
According to section 32 of the Specific Relief Act an instrument can be cancelled in part when
Void Agreement signifies_____________
Under the definition of “approved securities” in Section 5(a) of the Banking Regulation Act, 1949, as substituted by the Banking Laws (Amendment) Ac...
Indian Evidence Act was drafted by:
The Constitution of India is
According to the IRDA Act, 1999 intermediary or insurance intermediary includes_________
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Under Section 30B of the SARFAESI Act, an appeal against the order of the adjudicating authority imposing penalty under Section 30A must be preferred wi...
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