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SBI to raise ₹2,045 crore by issuing Basel III bonds

The Basel III bonds are in the nature of debentures of face value of 10 lakh each bearing coupon of 9.37% per annum payable annually, says SBI

1 min read21 Dec 2018

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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