Bank of India approves capital raising upto Rs. 7500 crore in FY 2026-27

The Board of Directors of Bank of India at their meeting held on 30th April, 2026, considered and approved capital raising upto Rs. 7,500 Crore by issue of Basel-III compliant Tier-I and Tier-II Bonds of Rs. 2,500 Crore and Rs. 5,000 Crores respectively during FY 2026-27.

Shares of Bank of India was last trading in BSE at Rs. 143.20 as compared to the previous close of Rs. 144.20. The total number of shares traded during the day was 408782 in over 4992 trades.

The stock hit an intraday high of Rs. 146.95 and intraday low of 142.75. The net turnover during the day was Rs. 59542476.00.

Source : Equity Bulls

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BankofIndia INE084A01016 CapitalRaising