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.
Bharat Electronics Limited (BEL) has signed an MoU with UK-based Smiths Detection to offer advanced, high-energy scanning systems to the Indian market.
Odisha government distributed Rs 869 crore to 41.85 state farmers under the Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme and assured them of additional aid for crop losses due to floods in the state.
Former India Chief of Naval Staff, Admiral Sunil Lanba has been conferred Singapore's prestigious military award, the Pingat Jasa Gemilang (Tentera) or Meritorious Service Medal (Military) (MSM(M)), by President Halimah Yacob.