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    Question

    Bank of Baroda raised __________ through Basel-III

    Tier-II bonds with a 10-year maturity period at 7.75% and has  received a total of 88 bids amounting to Rs 6,803 crore.
    A Rs.1800 crore Correct Answer Incorrect Answer
    B Rs.2100 crore Correct Answer Incorrect Answer
    C Rs.2500 crore Correct Answer Incorrect Answer
    D Rs.2800 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Bank of Baroda raised Rs 2,500 crore through Basel-III Tier-II bonds with a 10-year maturity period at 7.75%.The bank received a total of 88 bids amounting to Rs 6,803 crore.

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