|
Hot Pursuit
01-Oct-21
|
|
|
|
|
|
|
Bank of India gains on raising Rs 1,800 cr via bonds
|
Bank of India rose 2.07% to Rs 56.60 after the state-owned bank on Thursday said it has raised Rs 1,800 crore by issuing Basel III compliant Tier II bonds on a private placement basis.
|
|
|
The bank issued unsecured, subordinated, redeemable, non-convertible, taxable, fully paid-up Basel III compliant Tier II bonds in the nature of debentures of face value Rs 1 crore each.
The bonds carry coupon rate of 7.14% per annum. The issue opened and closed on 29 September 2021.
Bank of India is a public sector bank. The Government of India held 90.34% stake in Bank of India as on 30 June 2021.
The bank reported 14.7% fall in standalone net profit to Rs 720 crore on a 2% decline in total income to Rs 11,698.13 crore in Q1 FY22 over Q1 FY21.
|
|
Previous News |
Tata Power Solar Systems announces strategic partnership with Bank of India
(
Corporate News
-
26-Jul-24
13:51
)
|
|
Bank of India soars 1.36%, up for third straight session
(
Hot Pursuit
-
14-Jun-24
13:05
)
|
|
Bank of India spurts 2.89%, gains for five straight sessions
(
Hot Pursuit
-
09-Jul-24
13:01
)
|
|
Bank of India spurts 1.71%, up for third straight session
(
Hot Pursuit
-
20-Aug-24
13:05
)
|
|
Bank of India announces change in directorate
(
Corporate News
-
15-Jul-23
13:02
)
|
|
Bank of India acquires 5.56% promoter stake in ONDC
(
Corporate News
-
27-Sep-22
19:03
)
|
|
Bank of India appoints CFO
(
Corporate News
-
01-Jun-23
14:51
)
|
|
Bank of India
(
Results
-
Analysis
03-Feb-24
10:12
)
|
|
Bank of India
(
Results
-
Analysis
04-Aug-21
14:40
)
|
|
Bank of India
(
Results
-
Analysis
03-Nov-21
21:40
)
|
|
Bank of India launches QIP issue
(
Corporate News
-
05-Dec-23
18:21
)
|
|
|
|
Other Stories |
|
|
|
|
|
|
|
|