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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.
Ravi invests Rs. 2,000 on simple interest at 'a%' p.a. for 4 years and earned an interest of Rs. 800. His friend Vinay invests Rs. 4,800 on simple inter...
A man deposited Rs. 8600 at 20% compound interest and Rs. 7840 at 15% simple interest for 2 years each. The difference between the compound interest and...
The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same ...
'M' placed a specific amount of money into the 'SBI' Mutual Fund, which provides a 15% per annum simple interest rate. Simultaneously, 'M' invested the ...
M invested Rs. 27,000 in two Mutual Funds, 'Axis Funds' and 'ICICI Funds,' for 5 years and 2 years, respectively. 'Axis Funds' provide simple interest a...
Nikhil invested two amounts, Rs. '2N' and Rs. '3N', at simple and compound interest rates respectively. The first amount, Rs. '2N', was invested at a si...
A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total ...
The difference between compound interest and simple interest at rate of 24% per annum for 2 years is Rs. 288. Find the simple interest obtained on same ...
Person 'P' invested ₹4y at a simple interest rate of 35% per annum and ₹3y at a compound interest rate of 20% per annum (compounded annually), both ...
A certain sum of money will be doubled in 25 years at the rate of simple interest percent per annum is:
