Bank of India may escape PCA net with Rs 10,086 crore govt boost

The Rs 10,086-crore capital infusion plan for BoI makes it the second bank in the latest phase of the government’s equity enhancement exercise for PSBs, under which seven of the total 21 will be covered. United Bank of India (UBI) was the first bank to announce a similar fund infusion plan by the government.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2EXusb2

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