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Bank of India to allot preferential shares to government for Rs 3,000 crore capital infusion

06 Apr 2021 Evaluate

Bank of India has convened an extra-ordinary general meeting (EGM) of shareholders this month for seeking approval to the allotment of preferential shares to the government for Rs 3,000 crore. The bank on March 31 had informed about getting Rs 3,000 crore capital infusion from the government.

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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