:::::SRI S.B. RODE, OUR BELOVED PRESIDENT, AICBOF AND OFFICER DIRECTOR ON THE BOARD OF CENTRAL BANK OF INDIA HAS BEEN COOPTED AS GENERAL SECRETARY, AICBOF IN E.C. MTG. HELD AT MUMBAI ON 24.02.2014:::::MR. S.C. GUPTA, GEN. SECRETARY OF OUR AHMEDABAD UNIT HAS BEEN COOPTED AS PRESIDENT, AICBOF::::::WE CONGRATULATE THEM AND WISH THAT THE OFFICERS' MOVEMENT IN CENTRAL BANK OF INDIA WILL BE TAKEN TO NEW HEIGHTS:::::LONG LIVE CBOA:::::LONG LIVE AICBOF::::::LONG LIVE AIBOC:::::

GOVT INFUSES RS 1,010 CR IN BANK OF INDIA


Bank of India (BoI) said the government has infused about Rs 1,010 crore into the bank's equity capital, taking its holding to 65.86%.

The bank has alloted over 2.13 crore shares at a price of Rs 474.07 a piece, aggregating to over Rs 1,009.99 crore.

The infusion, which is part of the Centre's recapitalisation plan to shore up capital base of PSU banks, will increase BoI's share capital to Rs 546.48 crore.

The government's holding in BoI has risen to 65.86% after the infusion.

SOURCE: http://www.business-standard.com/india/news/govt-infuses-rs-1010-cr-in-bankindia/130153/on

Posted by C.B.O.A., A.P.

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