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.
Liz Truss became the new Prime Minister of the UK by winning an internal leadership contest of the ruling Conservative Party of Britain at a time when the country faces industrial unrest and a recession.
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