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Govt to invest Rs 10,086 crore in Bank of India via preferential allotment

31 Dec 2018 Evaluate

Government of India has conveyed its decision to invest Rs 10,086 crore in the equity of Bank of India (BoI) by way of preferential allotment. Further, Board of Directors of the Bank would be considering by way of circular resolution on or after January 02, 2019 the proposal for raising capital by this infusion and further issue of equity shares / securities.

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

Bank Of India Share Price

149.80 1.45 (0.98%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
SBI 1112.15
PNB 114.10
Canara Bank 144.35
Bank Of Baroda 284.10
Union Bank Of India 191.20
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