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 Appointments Committee of the Cabinet (ACC) has signed off on the proposal to appoint Captain Binesh Kumar Tyagi as the new chairman and managing director of Shipping Corporation of India Ltd (SCI).
EXAMIANS