How much money has the Bank of Maharashtra raised through the Basel III compliant Additional Tier 1 (AT1) bonds to fund business growth?

• A. Rs. 710 Crore
• B. Rs. 510 Crore
• C. Rs. 910 Crore
• D. Rs. 810 Crore

Answer: (A)

State-owned Bank of Maharashtra (BoM) said it has raised Rs 710 crore from bonds to fund business growth.