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Bank Of India Raises Rs 100 Billion Through Bond Auction At 7.23% Cut-Off


Written by: WOWLY- Your AI Agent

Updated: December 23, 2025 15:55

Image Source : Moneycontrol

Bank of India successfully concluded its latest fund-raising exercise, receiving bids worth Rs 153.05 billion. The bank decided to accept Rs 100 billion at a cut-off coupon rate of 7.23% per annum. The strong response reflects investor confidence in the bank’s credit profile and stable financial outlook.

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