Question

    State Bank of India (SBI), will raise _____ by way of bonds, including additional tier-1 bonds and tier-II bonds.

    A Rs.43000 crore Correct Answer Incorrect Answer
    B Rs.45000 crore Correct Answer Incorrect Answer
    C Rs.50000 crore Correct Answer Incorrect Answer
    D Rs.52000 crore Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI), will raise Rs 50,000 crore by way of bonds, including additional tier-1 bonds and tier-II bonds.  The funds would be raised through private placement mode to Indian and/or overseas investors during the financial year.

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