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Board of Bank of India to consider fund raising

Capital Market 

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.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, November 30 2019. 13:11 IST