Bank of India raises Rs 500 cr through bonds
Public sector lender Bank of India (BoI) today said it has raised Rs 500 crore through the issue of bonds in the market. - IOB Q1 netup 18% to Rs 302 cr - PNB Q1 net rises 62% to Rs 832 cr - Corporation Bank Q1 net up 42% at Rs 261 cr - "Rs 6,400-cr advances restructured" - Little room for immediate cut: Bankers - FII-TO-FII: Grasim Ind traded at 3% premium "The bank has raised capital through issue of bonds of Rs 500 crore on July 28," Bank of India said in a filing to the Bombay Stock Exchange (BSE). The coupon rate of bond is 8.45 per cent per annum, it added. Shares of Bank of India were trading at Rs 317.30, down 0.47 per cent in afternoon trade on the BSE.Payday loan comparison commented:
Bonds are also a gud market as people have interest in them therefore they have been able to raise this much of amount
25.08.2011
Payday Loans commented:
The bank has raised capital through issue of bonds of Rs 500 crore on July 28,\" Bank of India said in a filing to the Bombay Stock Exchange (BSE). The coupon rate of bond is 8.45 per cent per annum
17.09.2011
sameday loan commented:
Good post gives relief for financial issues. Bond is a good option.
29.09.2011
Family Office Asia commented:
Wow that’s really nice to know about Bank of India raised 5 cr thru bonds only.I must appreciate the hard work done by employees.
20.10.2011
Mortgage Specialist commented:
This is great information about the bank of india, hopefully they will extend their operation by this receiving the 500 cr from the Bonds.
06.12.2011
Gurgaon Escorts commented:
The government has decided to sanction Rs 2,000 crore to some public sector banks as part of its recapitalization drive
10.12.2011
Family Businesses Asia commented:
Top keep up its growth and improve the business function Bank of India raises Rs 500 cr through bonds
12.12.2011
payday loans with bad credit commented:
Really informative content. A would like to thank the writer for sharing this information
21.02.2012