Bank of India (BoI) had received capital infusion of Rs 808.99 crore from the government on March 4 following the allotment of 2.21 crore equity shares at a price of Rs 365.70 per unit on preferential basis.
This is part of the Rs 12,517 crore capital infusion plan announced by the government in January. The government infused about Rs 20,117 crore in public sector banks during 2010-11, and Rs 12,000 crore in 2011-12.
The bank reported 12.19% rise in its net profit at Rs 803.48 crore for third quarter ended December 31, 2012 as compared to Rs 716.15 crore for the same quarter in the previous year. Total income of the bank increased by 11.97% at Rs 8959.83 crore for quarter under review as compared to Rs 8002.27 crore for the quarter ended December 31, 2011.
| Company Name | CMP |
|---|---|
| SBI | 1066.70 |
| PNB | 111.70 |
| Canara Bank | 140.10 |
| Bank Of Baroda | 276.00 |
| Union Bank Of India | 189.00 |
| View more.. | |
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.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: