Bank of India is in process of raising Basel-3 compliant additional tier-1, perpetual Bonds -series 4, for an amount of Rs 500 crore with a green shoe option of Rs 500 crore, aggregating Rs 1000 crore by private placement. The Bonds have been rated as ‘AA-’ (outlook Stable) by Brickwork Ratings India and ‘A+/ Negative’ by CRISIL.
Bank of India has reported a net profit of Rs 101.72 crore for the quarter ended December 31, 2016, as compared to net loss of Rs 1505.58 crore for the same quarter in the previous year. Total income of the bank increased by 4.57% at Rs 11594 crore for quarter under review as compared to Rs 11086.95 crore for the quarter ended December 31, 2015.
| Company Name | CMP |
|---|---|
| SBI | 1019.55 |
| PNB | 107.20 |
| Canara Bank | 134.35 |
| Bank Of Baroda | 264.05 |
| Union Bank Of India | 166.15 |
| View more.. | |
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