Start learning 50% faster. Sign in now
State Bank of India (SBI) raised Rs 5,000 crore through the issuance of Additional Tier-I (AT-I) bonds at a coupon rate of 7.98 per cent to bolster its capital base, marking the lender's first such issuance in the current financial year . The coupon rate is the rate of interest that the bank will pay to investors. The bonds have a call option exercisable after 10 years. AT-1 bonds are debt instruments that are issued by banks to raise money and shore up the capital base. The AT-I bond issue had a base size of Rs 2,000 crore, with a greenshoe option for an additional Rs 3,000 crore. They have been rated ‘AA+’ by Crisil Ratings.
Private ownership of the means of production is a feature of a _______economy.
Manav Thakkar is the name related to:
On which river is the capital city of Germany, Berlin, situated?
What was the primary goal of the "Smart Cities Mission" launched by the Government of India?
At the Paris Summer Olympics, in which event did Swapnil Kusale win his first Olympic bronze medal?
Which is the oldest university in Uttar Pradesh?
How many states in India's northeast share a border with Myanmar?
Consider the following events and arrange them in chronological order:
I. C.R. Rao, the eminent Statistician, passed away
II. Ustad Ali Za...
What type of missile is ASTRA Missile, which was recently making news?
Which of the following is not correctly matched?
Central Pay Commissions : Chairman
...