Question

State Bank of India  has raised ________ in debt capital by issuing Tier-II bonds  at a coupon rate of 7.81 per cent in order to meet the regulatory capital requirement and support its business growth.

A Rs.4000 crore Correct Answer Incorrect Answer
B Rs.7000 crore Correct Answer Incorrect Answer
C Rs.10000 crore Correct Answer Incorrect Answer
D Rs.15000 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

State Bank of India  has raised Rs 10,000 crore in debt capital by issuing Tier-II bonds  at a coupon rate of 7.81 per cent  to meet the regulatory capital requirement and support its business growth.

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