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Bank of India informs about raising of tier II bonds

23 Dec 2015 Evaluate

Bank of India has informed that the Bank intends to issue Unsecured, Non convertible, Redeemable, Basel III Compliant Tier II Bonds for an amount of Rs 1500 Crore with a green shoe option of Rs 1500 Crore at an appropriate time.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
State Bank Of India 993.50
PNB 118.25
Bank Of Baroda 237.00
Canara Bank 125.80
Union Bank Of India 179.60
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