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.
Concurrent Gainers: 8 smallcap stocks that gain for 5 days in a row
Over the five trading sessions ending December 12, the Sensex closed lower, declining 0.52%, or 445 points, to settle at 85,268. The benchmark finished in