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.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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