Question
SBI’s recent (Oct 2024) ₹5,000 crore bond issuance
had a coupon rate of ______.Solution
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.
Ajay, Bablu and Chirag can complete a certain work in 21, 28 and 15 days respectively. Ajay and Chirag started the work while Bablu joined them after ...
Manoj can complete a job in 10 days which Rakesh can do in 15 days. Rakesh can finish a task in 20 days which Suresh can complete in 25 days. In how man...
‘A’ alone can do some work in 20 days. ‘B’ and ‘C’ together can do the same work in 15 days. If ‘B’ is half as efficient as ‘A’, the...
Rohit is five times as efficient as Sohan and twice as efficient as Mohan. If Sohan takes 15 days to finish some work, then find the time taken by Rohit...
Ashish and Anil can do a piece of work in 10 days and 15 days respectively. Ashish completed 40% of the work. Find the time taken by Anil to complete th...
P and Q can individually complete a piece of work in 30 days and 45 days respectively. If R alone takes 1.5 times the time taken by P and Q together to ...
A contractor planned to complete a project in 5 days by employing ‘a’ workers. But every day exactly 15 workers were absent. As a result, the work g...
‘D’ can type a document in 45 days, but ‘D’ and ‘E’ together can do it in 27 days. If ‘E’ worked for 15 days alone and then left, in how...
Jack is twice efficient as Jill and Jill can do a piece of work in 30 days. Jill started the work and after a few days Jack joined him. They completed t...
Ram can do a piece of work in 12 days and Shyam can do the same work in 16 days. They both started work together, Ram left 2 days before the completion ...
Relevant for Exams:
