Separately, Bank of India is likely to tap debt capital markets to raise up to ₹2,000 crore through the issuance of tier-II bonds, sources said. The state-owned bank’s bonds will likely be of 10-year maturity with a call option on or after the fifth year of allotment.
RBI eases restrictions on cash credit accounts, eases current account norms
The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.
December 11, 2025