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Bank of India to raise Rs 1,000 crore from sale of non-core assets, real estate

17 Sep 2018 Evaluate

Bank of India is planning to raise nearly Rs 1,000 crore through selling stake in some of its non-core assets and real estate properties. Of the total, the bank expects to raise around Rs 800 crore through sale of its stake in non-banking finance company STCI Finance and in Sidbi, by the third quarter of the current financial year. The lender has also lined up some of its real estate assets to sell and expects to raise nearly Rs 200 crore through the sale.

Bank of India offers wide range of services such as Personal banking, Corporate, Rural, MSME, Retail, NRI services, Cards/ATM etc.

Bank Of India Share Price

152.00 2.20 (1.47%)
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Company Name CMP
SBI 1103.55
PNB 114.90
Canara Bank 145.75
Bank Of Baroda 282.75
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