Archive · 20 Jun 2025
Bank of India to Consider Fundraising Through Infrastructure Bonds
Bank of India is planning to raise money by selling special bonds that help build infrastructure.
They will decide on this plan on June 26, 2025.
Last year, they raised a lot of money this way and the bank's profits increased.
Also, the bank's stock price went up slightly recently.
Bank of India will consider raising funds through long-term infrastructure bonds.
The board of directors will discuss the proposal on June 26, 2025.
In FY24-25, the bank raised ₹2,690 crore via similar bonds.
The bank plans to raise up to ₹5,000 crore through Basel-III compliant bonds in FY25-26.
Bank of India shares closed at ₹113.10 on June 20, up 1.30%.
- Who
- Bank of India
- What
- Bank of India is considering raising funds via long-term infrastructure bonds.
- When
- The board will consider the proposal on June 26, 2025.
- Where
- India
- Why
- To raise funds, details to be determined.
Potential Benefits
Potential Drawbacks
Economic Impact
Potential Benefits
Funding for infrastructure projects could stimulate economic growth.
Potential Drawbacks
Not applicable
- Company
- Bank of India
- Event
- Consideration of infrastructure bond issuance
- Date of Consideration
- June 26, 2025
- FY24-25 Infrastructure Bond Amount
- ₹2,690 crore
- FY25-26 Basel-III Bond Plan
- Up to ₹5,000 crore
- Stock Closing Price (June 20)
- ₹113.10
- Stock Increase (June 20)
- 1.30%
- Dividend
- ₹4.05 per share