Bank of India has received an approval form market regulator Securities and Exchange Board of India (SEBI) to raise up to Rs 3,000 crore through Qualified Institutional Placement (QIP). The regulator has also permitted the bank to achieve minimum public shareholding pursuant to QIP.
Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.