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 Food and Agriculture Organization (FAO) and the World Food Programme (WFP) warned in a new report that around 6.3 million people in Sri Lanka are facing moderate to severe acute food insecurity.