Bank of India will increase Rs 8,000 crore after shareholders’ approval

Bank of India has got the approval of shareholders in its Extraordinary General Meeting for rising to Rs 8,000 crore via few modes including equity shares. It said that they got approval to increase fresh capital up to an amount of Rs 8,000 crore through equity shares/tier-I/tier-II bonds in case of a public issue, right issue, or other ways.