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    Question

    How much capital has State Bank of India (SBI) raised through its second Basel III compliant Additional Tier 1 bond issuance for FY24?

    A Rs 3,000 crore Correct Answer Incorrect Answer
    B Rs 4,000 crore Correct Answer Incorrect Answer
    C Rs 5,000 crore Correct Answer Incorrect Answer
    D Rs 6,000 crore Correct Answer Incorrect Answer
    E Rs 7,000 crore Correct Answer Incorrect Answer

    Solution

    State Bank of India (SBI), the country’s largest lender, has announced that it has raised Rs 5,000 crore through its second Basel III compliant Additional Tier 1 bond issuance for the current financial year at a coupon rate of 8.34%. 

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