Bank of India has issued and allotted Non-convertible, Taxable, Perpetual, Subordinated, Unsecured, fully paidup Basel III compliant Additional Tier 1 Bonds in the nature of debentures of face value Rs.10 lakhs each on January 28, 2021. Base issue size of Rs 250 crore plus Greenshoe Option of Rs 500 crore, aggregating to Rs 750 crore.
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