📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      State Bank of India, has raised funds worth ______ at a

      coupon rate of 8. 25 per cent through additional tier- 1 ( AT- 1) bonds.
      A Rs.3717 crore Correct Answer Incorrect Answer
      B Rs.3956 crore Correct Answer Incorrect Answer
      C Rs.4100 crore Correct Answer Incorrect Answer
      D Rs.4234 crore Correct Answer Incorrect Answer

      Solution

      State Bank of India, has raised funds worth Rs 3,717 crore at a coupon rate of 8. 25 per cent through additional tier- 1 ( AT- 1) bonds. The bonds have a ten- year call option. SBI had originally planned a total fund- raising plan of Rs 5,456 crore through AT- 1 bonds this week, including a base size of Rs 2,000 crore and a greenshoe option of Rs 3,456 crore. 

      Practice Next
      More ESIC Part B Questions

      Relevant for Exams:

      ask-question