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.
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.