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Bank of India to raise Rs 1,000 cr

Read more on:    Bank of India | capital infusion
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Bank of India to raise Rs 1,000 cr
Press Trust Of Indai /  March 18, 2011, 0:24 IST

Bank of India has said its shareholders had approved capital infusion of over Rs 1,000 crore from the government by way of preferential issue of shares. This decision was taken during the extraordinary general meeting of the bank held on Thursday.

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HSBC: Global fund managers 'overweight' on equities

Global fund managers are bullish on domestic equities, with 75 per cent of them holding an ‘overweight’ view in the first quarter, an HSBC survey ...

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