Bank of India raises ₹2,500 crore through bond issue
pre-market1 source ↓written by the desknot a recommendation
- through a Basel
- ₹2,500 crore
- receiving bids totaling
- ₹4,982 crore
- coupon rate
- 7.28%
- each
- ₹1 crore
- and closed
- 10 Dec 2025
Bank of India successfully raised ₹2,500 crore through a Basel III-compliant Tier II bond issue, receiving bids totaling ₹4,982 crore. The bonds, with a fixed coupon rate of 7.28%, were issued in 2,500 units of ₹1 crore each. This capital infusion strengthens the bank's financial position and compliance with regulatory norms.
The issue, which opened and closed on 10 Dec 2025, reflects strong investor interest and may enhance liquidity in the banking sector. 💼
Not investment advice. For informational purposes only.