Bank of India raises Rs 5,000 crore via infra bonds

July 19, 2024

State-owned Bank of India raised ₹5,000 crore through 10-year bonds at 7.54% interest, with a base size of ₹2,000 crore and a greenshoe option of ₹3,000 crore. It informed exchanges of 127 bids worth ₹15,318 crore. Funds support long-term infrastructure and affordable housing per RBI guidelines, exempt from cash and Statutory Liquidity Ratios for better interest cost management.

More To Explore

Zen Technologies shares gain over 3% after securing Indian patent in defence tech

Zen Technologies shares: The newly granted patent, titled “Single ILU Long Pass Filter,” marks a significant step forward in laser-based military training technology and strengthens

June 30, 2025

Vodafone Idea shares gain 14% in 7 days despite decline in subscribers and market share in May

Vodafone Idea’s shares have jumped 14% in seven trading sessions, despite losing market share and active subscribers in May. ICICI Securities reported a dip of

June 30, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003