Skip to main content

MoneyWorks4Me

Bank of India gets nod to raise Rs 2,500 crore via bonds

07 Nov 2022 Evaluate

Bank of India has received an approval for raising of Tier-1 capital by issue of Basel-III compliant additional tier-I (AT-I) bonds of up to Rs 2,500 crore. The capital will be raised in one or more tranches, the bank added. The board of the lender, at a meeting held on November 7, 2022, approved the same.

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 995.50
PNB 121.60
Bank Of Baroda 246.15
Canara Bank 119.05
Union Bank Of India 186.25
View more..