Finance
Chillao SirBank of India ne Rs 2500 crore bonds raise kiye, desh dekh raha hai
Bank of India ne tier II bonds se Rs 2,500 crore raise kiye! Kya yeh investor demand ka jawab hai? HUDCO ne bhi Rs 1,905 crore ka bond nikaala! Demand badh gayi hai kyunki dusre bonds withdraw hue! Pension funds ka interest hai! Kya yeh acceptable hai? Desh dekh raha hai! Kya banks ki strategy kaam karegi? Mujhe jawab chahiye!
few days ago | Subrata Panda, Anjali Kumari
Quick rundown
1.Bank of India raised Rs 2,500 crore through tier II bonds.
2.HUDCO raised Rs 1,905 crore with seven-year bonds.
3.PFC and SIDBI's withdrawal boosted demand for BoI and HUDCO bonds.
4.Pension funds were major bidders in the bond issuances.
5.Banks have been active in the bond market after a slow start to the year.
