Bank of India to raise Rs 1,000 cr

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.