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    Question

    State Bank of India ┬аhas raised ________ in debt

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

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