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Bank of India gets nod to raise Tier-I capital

08 Jan 2013 Evaluate

Bank of India has received an approval for raising Tier-I capital by issuing fresh equity shares to the Government of India (Promoters) or to other investors, on preferential basis. The board at its meeting on January 8 has approved for the same.

Bank of India is India's third largest PSU bank, with 4157 branches pan India commanding a strong presence in rural and semi urban area.

Bank Of India Share Price

139.80 -4.30 (-2.98%)
06-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
State Bank Of India 1037.85
PNB 104.30
Bank Of Baroda 249.85
Canara Bank 126.45
Union Bank Of India 161.05
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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