Bank of India to consider fund raising on 30 April

Bank of India said that a meeting of board of directors of the bank is scheduled on 30 April 2021 to consider and approve fund raising plan.
The board of directors of the state-run bank would consider the proposal of raising capital including by way of a further issue of equity shares and BASEL III Compliant Additional Tier-I, Tier-II bonds etc.
The announcement was made after market hours yesterday, 27 April 2021. Shares of Bank of India rose 1.3% to settle at Rs 66.05 yesterday.
The stock hit a 52-week high of Rs 101.45 on 19 February 2021. The stock hit a 52-week low of Rs 31 on 20 May 2020.
Bank of India is a public sector bank. The Government of India held 89.10% stake in Bank of India as on 31 March 2021.

Related Keywords

India , ,Additional Tier I ,Capital Market ,Public Sector Banks In India ,Financial Services ,Banks ,Anking ,Abn Amro ,Fortis ,Canara Bank ,Anks Nec ,Government Of India ,Bank Of India ,State Run Bank ,Public Sector Bank ,Tank ,இந்தியா ,மூலதனம் சந்தை ,பொது துறை வங்கிகள் இல் இந்தியா ,ஆர்டிஸ் ,கணுக்கால் ,ந்திய ,