SBI has raised 3-year funds of what amount through a syndicated loan facility at

Question

SBI has raised 3-year funds of what amount through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch?

Options:

A . $ 250 million

B . $ 500 million

C . $ 150 million

D . $ 100 million

Answer: Option B

State Bank of India (SBI) has raised 3-year funds of $500 million (over Rs 3,800 crore) through a syndicated loan facility at "very fine pricing" through its IFSC Gift City branch.

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