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Bank of India (BOI) has received a capital infusion of Rs.2,257 crore from the government.
In a BSE filing the BOI stated, “The bank has on December 29 received infusion of Rs.2257 crore from the Government of India, in form of Common Equity Tier-1 Capital, which is being kept as Share Application money and would be allocated after due procedure/conditions for allotment.”
