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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