Director of the Department of Economic & Policy Research (DEPR), RBI, Dr Ashutosh Raravikar has authored a new book titled "Indian Banking in Retrospect - 75 years of Independence".
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.