Money Talk

Bank of India allots shares to govt for Rs 3,000 crore capital infusion

Bank of India allots shares to govt for Rs 3,000 crore capital infusion The bank has allotted 42,11,70,854 fresh equity shares of Rs 10 each to the government (promoter) at Rs 71.23 per share, amounting to Rs 3,000 crore through preference issue, Bank of India said in a regulatory filing.

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