Bank of India raises ₹10,000 Crore via Long Term Bonds
Bank of India has successfully raised ₹10,000 crore through the issue of Long Term Bonds (Infrastructure) — Series IV on a private placement basis. The issue had a base size of ₹5,000 crore with a gre...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Bank of India in the news today?
Bank of India (BANKINDIA) is in the news due to the bank successfully raised a significant amount of capital through bond issuance, indicating strong investor confidence and oversubscription, which is positive for the company's financial health.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Bank of India raises ₹10,000 Crore via Long Term Bonds
December 23, 2025, 09:59 AM
Top Queries to Ask About Bank of India
Bank of India has successfully raised ₹10,000 crore through the issue of Long Term Bonds (Infrastructure) — Series IV on a private placement basis. The issue had a base size of ₹5,000 crore with a green shoe option of ₹5,000 crore. The bank received bids totaling ₹15,305 crore, resulting in an oversubscription of 3.06 times against the base issue size.
The bank decided to accept bids amounting to ₹10,000 crore at a cut-off coupon rate of 7.23% per annum. The bonds are unsecured, subordinated, redeemable, non-convertible, taxable, listed, and fully paid-up, with a face value of ₹1 lakh each. The issue opened and closed on December 23, 2025, with a deemed date of allotment set for December 26, 2025. A total of 83 bids were received, and 37 bids were accepted through the NSE Electronic Bidding Platform (EBP).
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap