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GoI to infuse Rs 4,638 crore in Bank of India

22 Feb 2019 Evaluate

Government of India (GoI) has conveyed its decision to invest Rs 4,638 crore in the equity of Bank of India by way of preferential allotment. The Board of Directors of the Bank would be considering by way of circular resolution on or after February 26, 2019 the proposal for raising capital and other incidental matters thereat.

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 947.55
PNB 118.15
Bank Of Baroda 229.05
Canara Bank 124.20
Union Bank Of India 173.10
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