SBI has raised 3-year funds of what amount through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch?

• A. $ 100 million
• B. $ 500 million
• C. $ 250 million
• D. $ 150 million

Answer: (B)

State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.