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Bank of India raises Rs 602 crore by issuing bonds

31 Mar 2021 Evaluate

Bank of India has raised Rs 602 crore by issuing and allotting Non-convertible, Taxable, Perpetual, Subordinated, Unsecured, fully paid-up Basel III compliant Additional Tier 1 Bonds in the nature of debentures of face value Rs 10 lakh each (the Bonds) on March 30, 2021, on a private placement basis.

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 966.70
PNB 120.60
Bank Of Baroda 242.40
Canara Bank 117.40
Union Bank Of India 183.95
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