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.
The Indian Army is conducting a 20-day long exercise named Parvat Prahar. It is conducted amid the disengagement process between India and China in the Gogra-Hot Springs area on the Line of Actual Control (LAC).
EXAMIANS