Bank of India to raise up to Rs 1,800 crore via Basel-III, Tier-II NCDs
Bank of India to raise up to Rs 1,800 crore via Basel-III, Tier-II NCDs
Market participants said the bank has fixed a five-year call option on the Basel-III compliant Tier-II NCDs. Crisil and Infomerics Ratings have assigned ‘AA+’ and ‘AAA’, respectively, with ‘stable’ outlook on September 21.