CURRENT AFFAIRS : BANKING & FINANCE
SBI raises Rs. 3717 crores through Additional Tier 1 bonds
- The nation’s largest lender State Bank of India (SBI) raised Rs 3,717 crore through additional tier 1 (AT1) bond sale.
- This is the third Basel III compliant AT1 bond sale and the latest issue was closed at a coupon rate of 8.25%.
