Don’t miss the latest developments in business and finance.

Board of Bank of India to consider fund raising

Image
Capital Market
Last Updated : Nov 30 2019 | 1:31 PM IST

On 05 December 2019

The Board of Bank of India would be considering by way of a circular resolution on 5 December, 2019, the proposal of raising funds including by way of a further issue of equity shares, bonds, preference shares etc. through various modes which may include issue of equity shares through a Qualified Institutions Placement (QIP) at an appropriate time subject to receipt of applicable regulatory and/or statutory approvals including approval from shareholders of the Bank.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 30 2019 | 1:11 PM IST

Next Story