Bank of India — Board Meeting, 30-04-2025: Outcome of Board Meeting

Bank of India has announced a board meeting, where it approved the issuance of Basel-III compliant Tier-I and Tier-II bonds, targeting a total fundraising of up to ₹5,000 crore, divided into two tranches of ₹2,500 crore each for the financial year 2025-26. This strategic decision is aimed at bolstering the bank's capital position and facilitating future growth initiatives.