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Bank of India gets nod to raise fund through bonds

02 May 2025 Evaluate

Bank of India has received approval from board of directors to raise upto Rs 5,000 crore through issuance of Basel-III compliant Tier-I and Tier-II Bonds of Rs 2,500 crore each during the FY 2025-26.  The Board of Directors of the Bank at their meeting held on April 30, 2025, considered and 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 993.50
PNB 118.25
Bank Of Baroda 237.00
Canara Bank 125.80
Union Bank Of India 179.60
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