Archive · 26 Jun 2025
Bank of India Plans ₹20,000 Crore Infrastructure Bond Fund Raise
Bank of India, a government-owned bank, plans to raise a lot of money, up to ₹20,000 crore, by selling special bonds.
They will use this money to make the bank stronger.
The bank recently made a lot more profit than the previous year.
Other banks are also making plans to raise money.
Bank of India's board approved raising up to ₹20,000 crore via infrastructure bonds.
The funds will be raised during the financial year 2025–26.
The capital raise aims to strengthen the bank's balance sheet.
Bank of India's net profit increased 82.5% year-on-year to ₹2,626 crore.
Other public sector lenders are also planning fund-raising activities.
- Who
- Bank of India's board.
- What
- Bank of India approved a plan to raise funds through infrastructure bonds.
- When
- During the financial year 2025–26.
- Where
- Not explicitly mentioned, but related to Bank of India's operations.
- Why
- To strengthen the bank's balance sheet.
- Fund Raise Amount
- ₹20,000 crore
- Fund Raising Method
- Infrastructure bonds
- Fiscal Year
- 2025-26
- Net Profit (Bank of India)
- ₹2,626 crore
- Year-over-year Profit Growth
- 82.5%
- NII increase
- 2.1%
- Gross NPA
- 3.27%
- Net NPA
- 0.82%
