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.
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.