BoI raises ₹2,500 crore via Tier II bonds at 7.28%
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Indian rupee money bag and increasing stacks of coins. Rise in profits, budget fees. Investments. Raise incomes, increase salaries. Financial success. Economic growth, GDP. Savings and accumulation.
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Andrii Yalanskyi
Bank of India (BoI) secured ₹2,500 crore on Wednesday through Basel III-compliant Tier II bonds, pricing them at a coupon rate of 7.28%.
The offering comprised a base issue of ₹1,000 crore with an oversubscription option of ₹1,500 crore.
The public sector lender attracted 68 bids totaling ₹4,982 crore via the NSE Electronic Bidding Provider Platform, accepting 29 bids worth ₹2,500 crore.
In its statement, the bank clarified the capital raise strengthens its regulatory compliance with RBI guidelines and reinforces long-term financial stability.
BoI confirmed these funds will not finance specific projects but will bolster general banking operations and business activities.
Published on December 10, 2025
