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 Rajasthan government has launched an ambitious scheme to provide 100 days of employment to needy families in urban areas along the lines of the rural employment guarantee scheme MGNREGA.