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Bank of India receives SEBI’s nod to raise up to Rs 3,000 crore

23 Nov 2017 Evaluate

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.



Peers
Company Name CMP
State Bank Of India 965.25
PNB 120.50
Bank Of Baroda 242.35
Canara Bank 117.40
Union Bank Of India 183.55
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