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.
Which of the following is a characteristic of a hybrid cloud computing model?
What's the common term for an error within a computer program's code that prevents it from functioning properly?
In networking, what does 'IP' stand for?
What is the purpose of a VPN (Virtual Private Network) in cybersecurity?
Which of the following functions is not performed by servers?
Which of the following is NOT a layer of the Internet Protocol Suite (TCP/IP)?
What type of E-commerce model assists people to instantly share related computer files and computer sources without having to interact with central web ...
What do you call the memory that stores recently-used information in a place where it can be accessed extremely fast?
Which one is the example of Peripheral device?
________________ is a method by which instruction execution speed is improved by putting the steps into parallel.
Relevant for Exams:
