Corporate News     18-Apr-23
Board of Bank of India approves raising up to Rs 6500 cr in FY24
At meeting held on 18 April 2023
The board of Bank of India at its meeting held on 18 April 2023 has approved d the raising of capital for the FY 2023-24 aggregating upto Rs.6,500 crore in the following manner:

a. By issue of fresh Equity Capital in the form of FPO / QIP / Rights Issue / Preferential Issue and / or Basel III compliant Additional Tier-1 (AT-1) bonds (domestic and foreign currency) upto an amount of Rs.4,500 crore.

b. By issue of Basel III compliant Tier-2 bonds upto an amount of Rs.2,000 crore.

Previous News
  Bank of India
 ( Results - Analysis 03-Feb-24   10:12 )
  Bank of India receives ratings action from India Ratings and Research
 ( Corporate News - 11-Sep-24   19:15 )
  Bank of India consolidated net profit rises 20.92% in the June 2024 quarter
 ( Results - Announcements 03-Aug-24   14:23 )
  Bank of India soars 1.36%, up for third straight session
 ( Hot Pursuit - 14-Jun-24   13:05 )
  Kiri Industries Ltd leads losers in 'A' group
 ( Hot Pursuit - 21-Feb-23   15:00 )
  Bank of India spurts 1.02%
 ( Hot Pursuit - 15-Nov-23   13:05 )
  Bank of India standalone net profit rises 176.24% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   16:33 )
  Bank of India slips for fifth straight session
 ( Hot Pursuit - 22-May-23   13:35 )
  Tata Power Solar Systems announces strategic partnership with Bank of India
 ( Corporate News - 26-Jul-24   13:51 )
  Bank of India spurts 2.89%, gains for five straight sessions
 ( Hot Pursuit - 09-Jul-24   13:01 )
  Bank of India
 ( Analyst Meet / AGM - Conference Call 17-Jan-23   22:57 )
Other Stories
  CARE reaffirms ratings on bank facilities of PNC Infratech's subsidiaries
  05-Oct-24   10:45
  CG Power & Industrial Solutions to acquire radio frequency components biz of Renesas
  05-Oct-24   10:30
  MMP Industries to convene board meeting
  05-Oct-24   10:23
  Mahindra & Mahindra Financial Serv. to discuss results
  05-Oct-24   10:23
  Ambey Laboratories to hold board meeting
  05-Oct-24   10:23
  Aurobindo Pharma's step down subsidiary to divest its entire stake in JV 'Novagen'
  05-Oct-24   10:21
  Aurobindo Pharma's step down subsidiary to divest its entire stake in a South African JV
  05-Oct-24   10:19
  Just Dial announces board meeting date
  05-Oct-24   10:11
  L&T Finance schedules board meeting
  05-Oct-24   10:11
  Australian Premium Solar (India) announces board meeting date
  05-Oct-24   10:11
Back Top