
Bank of India to Consider Raising Capital Through Basel III Compliant Bonds
Bank of India has announced that its Board of Directors will be considering a proposal to raise capital through the issuance of Additional Tier 1 and Tier 2 Bonds. The capital raise is designed to support the bank's financial structure for the fiscal year 2026-27.The bank plans to issue Basel III compliant Additional Tier 1 and Tier 2 Bonds.
The board is scheduled to consider this major capital-raising proposal during a meeting proposed on April 30, 2026.
BANKINDIA Stock Price Movement
Shares of Bank of India are edging higher to ₹148.24 as of 1:26 PM today, rallying 0.54% and climbing ₹0.80 in live trading. The equity has seen significant momentum in the market, trading on a total volume of 2.77 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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