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.
The Indian Constitution ensures
1. Individual Freedom
2. Social Justice
3. Community Based Rights
Select the correct answer using the code given below.
Which of the following organizations publish Index to measure traffic congestion in various cities across the world?
The Fundamental Rights are mentioned in which of the following?
Which one of the following statements about the Cripps Mission is not correct?
In which session did the Indian National Congress adopt 'Purna Swaraj' as its goal?
Who appoints the Comptroller and Auditor General of India (CAG)?
What did Clement Attlee's announcement in the British Parliament proclaim?
Consider the following statements in the context of the Central Information Commission (CIC):
1. The CIC was first constituted as an executive bo...
What authority does the Supreme Court of India utilize to ensure laws and constitutional amendments adhere to fundamental principles?
Which committee recommended the inclusion of Fundamental Duties in the Indian Constitution?
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