How much money has the Bank of Maharashtra raised through the Basel III complian

Question

How much money has the Bank of Maharashtra raised through the Basel III compliant Additional Tier 1 (AT1) bonds to fund business growth?

Options:

A . Rs. 810 Crore

B . Rs. 510 Crore

C . Rs. 910 Crore

D . Rs. 710 Crore

Answer: Option D
State-owned Bank of Maharashtra (BoM) said it has raised Rs 710 crore from bonds to fund business growth.

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