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Bank of India raises Rs 10,000 crore via Bonds

29 Dec 2025 Evaluate

Bank of India has raised Rs 10,000 crore through the allotment of Unsecured, Subordinated, Redeemable, Non-Convertible, Taxable, listed, fully paid-up Long Term Bonds (Infrastructure) Series IV in the nature of debentures of face value of Rs 1 lakh each (the Bonds). The bonds have a coupon rate of 7.23 per cent per annum.

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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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