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

    Question

    State Bank of India (SBI), has raised _______ capital

    via additional tier I bonds (AT1) at a coupon of 8.1 per cent.
    A Rs.2991 crore Correct Answer Incorrect Answer
    B Rs.3101 crore Correct Answer Incorrect Answer
    C Rs.4276 crore Correct Answer Incorrect Answer
    D Rs.5419 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI), has raised Rs 3,101 crore capital via additional tier I bonds (AT1) at a coupon of 8.1 per cent.  The base issue size for AT1 bonds was Rs 3,000 crore, with green shoe of Rs 7,000 crore.

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