Current Affairs - Banking - Discussion

Discussion :: Banking - Latest Current Affairs (Q.No.55)


Which Indian public sector bank has raised Rs 1,000 cr by issuing Basel III-compliant bonds?

[A]. SBI
[B]. Union Bank of India
[C]. PNB
[D]. HDFC Bank

Answer: Option B


The State-owned Union Bank of India has raised Rs 1,000 crore by issuing Basel III-compliant bonds on a private placement basis.

Post your comments here:

Name *:

Email   : (optional)

» Your comments will be displayed only after manual approval.