Bank of India plans to raise up to Rs 5,000 crore via infra bonds | Finance News

BOI’s infrastructure loan book stood at Rs 58,860 crore at the end of March 2024Photo: Company websiteAbhijit Lele Mumbai Public sector lender Bank of India (BOI) is planning to raise up to Rs 5,000 crore through infrastructure bonds, days after the State Bank of India’s (SBI’s) infrastructure bonds issuance. BOI officials said rating agency India Ratings has assigned “AA+” rating to the proposed infra bond offering. The capital raising committee will meet later this week to finalise the fundraising plan. The actual amounts raised and the timing would depend on market conditions. Click here to connect with us on WhatsApp According to BOI officials, finer rates of SBI…
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Source: https://www.business-standard.com/amp/finance/news/bank-of-india-plans-to-raise-up-to-rs-5-000-crore-via-infra-bonds-124070301139_1.html