CURRENT AFFAIRS

Detailed explanation-1: -State Bank of India (SBI) on Wednesday said its board has approved ₹ 10, 000 crore capital raising plan through Tier I bonds. The fund raising through Additional Tier 1 (AT1) capital up to an amount of ₹ 10, 000 crore is subject to Government of India concurrence, the bank said in a regulatory filing.

Detailed explanation-2: -The correct answer is State Bank of India. State Bank of India’s (SBI) Chairman Dinesh Kumar Khara has informed that all the requisite approvals for setting up of National Bad Assets Company have been received. As many as 15 accounts will be transferred to NARCL in this financial year (2022-2023).