SBI has issued additional tier-1 (AT1) bonds worth a total of Rs. 6,872 crores at a cut-off of 7.75 per cent, the lowest rate set for such debt issuances by any bank so far in the current financial year.
Goods and services tax (GST) collections retained their momentum, rising 28% year-on-year to around Rs 1,43,612 crore in August, the sixth straight month of over Rs 1.4 lakh crore mop-up.