Current Affairs - Business - Discussion

Discussion Forum : Business - Latest Current Affairs (Q.No. 495)
495.
What is the purpose of raising ₹10,000 crore through the infrastructure bond issuance by the State Bank of India (SBI)?
To enhance short-term funding for various projects
To support development initiatives in India
To invest in international markets
To increase dividend payments to shareholders
Answer: Option
Explanation:
The purpose of the bond issuance is to enhance long-term resources for funding infrastructure and affordable housing projects, aligning with SBI's commitment to supporting development initiatives in India.
Discussion:
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