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MoneyWorks4Me

Bank of India informs about company updates

24 Jun 2016 Evaluate

Bank of India has informed that the Bank has raised Rs 500 Crore by issue of Basel-Ill compliant Additional Tier 1 Bonds (Series-Ill). The Bonds have been rated as AA (-) by Brickwork and A+ by CRISIL and bear coupon rate of 11.50% p.a.

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

Peers
Company Name CMP
State Bank Of India 996.25
PNB 122.10
Bank Of Baroda 245.75
Canara Bank 118.50
Union Bank Of India 183.75
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