Bank of India has raised Rs 500 crore by issue of Basel-III Complaint Additional Tier-I Perpetual Bonds. The coupon rate is 8.79% p.a. and call option is after 5 years. The Bonds have been rated as BWR AA-(Outlook Stable) by Brickwork Ratings India and IND A+ (Outlook Stable) by India Ratings and Research.
Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.
| Company Name | CMP |
|---|---|
| SBI | 1094.10 |
| PNB | 112.80 |
| Canara Bank | 140.90 |
| Bank Of Baroda | 276.05 |
| Union Bank Of India | 179.65 |
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