BoA invests $83mn to boost India ops
| BoA invests $83mn to boost India ops |
| BS Reporter / Mumbai October 16, 2007 |
| Bank of America (BoA) today announced an infusion of $83 million (Rs 330 crore) in its India operations. The capital injection will not only boost the capital base of the bank and strengthen its capital adequacy ratio, but also help to position the bank for further growth in India. With this infusion, the Tier-I capital of the bank |
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First Published: Oct 16 2007 | 12:55 PM IST