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.
Tamil Nadu Chief Minister M.K. Stalin has launched the Moovalur Ramamirtham Ammaiyar Higher Education Assurance scheme titled 'Pudhumai Penn' at a function in Chennai.