New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Question

    __________ has raised ₹6,598 crore through the

    issuance of bonds wherein it has raised ₹3,500 crore through 10-year bonds at a coupon of 7.60% and ₹2,500 crore via three-year bonds at 7.64%.
    A Power Finance Corporation Correct Answer Incorrect Answer
    B REC Ltd Correct Answer Incorrect Answer
    C NTPC Ltd Correct Answer Incorrect Answer
    D ONGC Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

      Power Finance Corporation raised ₹6,598 crore through the issuance of bonds.   The state-owned power financier raised ₹3,500 crore through 10-year bonds at a coupon of 7.60% and ₹2,500 crore via three-year bonds at 7.64%.

    Practice Next