Bank of India to raise fresh equity capital up to Rs 2,500 cr to comply with minimum public shareholding norm
State-owned Bank of India (BoI) is mulling to raise up to Rs 2,500 crore in fresh equity capital as it requires to increase the public shareholding in the bank to 25 per cent to comply with regulatory norms.
Presently, public shareholding in Bank of India is 18.59 per cent: PTI